From: Omar Choucair
Advisory committee: I am the CFO of DG Systems, (NASDAQ:DGIT) DG has incurred approximately $800,000+ in each of 2004 and 2005 in external accounting fees to comply with SOX Section 404 compliance.
DGIT's annual revenues are approximately $59M.
Accordingly, 1.5% of our REVENUE appears punitive on our micro cap company.
While our internal controls are improved, the SOX 404 ongoing costs are significant.