| The letter said: "Grant Thornton has read Item 4.01 of Form 8-K of Overstock.com dated November 16, 2009. We do not agree with statements concerning our Firm. Grant Thornton did not issue an audit opinion on the company’s financial statements. Grant Thornton, therefore, did not take a position as to whether the company’s financial statements for the year ending December 31, 2008 should be restated. That determination must be made by the company. Further, paragraph 4 references a report on the company’s consolidated financial statements for the year ending December 31, 2009. As we have not performed an audit of the company’s financial statements for any period, this reference is incorrect." Reference Link :theflyonthewall.com |