Due Diligence and Parody of Reasoning II
Due Diligence should be thought of as checklist, or audit, or series of steps to verify facts about business opportunities for sale. Fraud can be avoided with by using serious due dilgence, or fraud can be courted using a parody of due diligence. As an example of the latter, I offer the following example:
There is a little outfit on the net purporting to perform due diligence on "program", high yield, autosurf, and like "programs". This forum, in September of 2005, announced their results of their "due dilgence" on 12daily Pro. The results are fascinating.
The announcement that 12daily Pro has passed OIC's first due diligence is here. The post runs for some 32 pages, as of March 8, 2006.
The actual due diligence is here. In effect, the gentlemen at OIC have determined someone answers the phone at 12daily Pro's landline, there are addresses on file from the whois directory, lifeclicks is an incorporated company, and there is some information on the net about Charis Johnson. Why is any of this at all convincing - given that on its face, the information is trivial?
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