Financial Information
Auditors’ Report
To the Shareholders of AlarmForce Industries Inc.
We have audited the consolidated balance sheets of AlarmForce INDUSTRIES INC. as at October 31, 2007 and 2006 and the consolidated statements of retained earnings, income and cash flows for the years then ended. These financial statements are the responsibility of the Company’s management. Our responsibility is to express an opinion on these financial statements based on our audits.
We conducted our audits in accordance with Canadian generally accepted auditing standards. Those standards require that we plan and perform an audit to obtain reasonable assurance whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation.
In our opinion, these consolidated financial statements present fairly, in all material respects, the financial position of the Company as at October 31, 2007 and 2006 and the results of its operations and its cash flows for the years then ended in accordance with Canadian generally accepted accounting principles.
Chartered Accountants
Licensed Public Accountants
Toronto, Ontario
January 11, 2008
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Testimonials
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We've had a number of burglary issues in our community the past several months and my wife and young son were concerned about their safety when I was not home. As well, my job requires personal protection due to the nature of my business. Since having Alarm Force installed, it has brought peace of mind when at home and when away, especially on our recent vacation when I called to alert your team of my upcoming vacation and they set up the system and performed a system check at that time. Your people and service are top notch! The comfort and security it has brought my family is worth far more than the low installation and service costs!
-Terry, MN -
The response the day I fell was great. The police were here within 10 minutes and an ambulance shortly after. I live in the country and the response time was extremely good for the location.
-Mattie, NC -
Very professional and nice technician.
-Andy, ON -
Unfortunately at this point my girlfriend and I can only afford the bare minimum and so we live in one of the worst parts of the city in Calgary. Our neighborhood is full of drug deals, prostitution, stealing and constant fighting. We have a dog but even still we are so grateful to have Alarm Force. AlarmForce makes us feel safe and we know that if we are out of town our house will be protected. The system is easy to use and makes us feel better when we are not at home. Thanks AlarmForce!
-Stephen V - Calgary, AB -
Happy with the system - easy to use!
-Penny, BC -
I was sceptical at first but I am relieved to have this system in my home. I feel safe when I'm away that you're on the job. I feel safe when at home alone and any boo boo I make you're right there. No matter how stupid I've been the person that comes through the box is my life line and is always professional. I highly recommend this to everyone I talk to.
-Denise, AB -
I wanted to let you know what a nice person James Gipson is. He is so friendly and took his time and went beyond the call of duty explaining everything to me. It was not a rush job and I didn’t feel it was just taking my money. He is exceptional and I would like to make sure he knows he is appreciated.
-Inyang, GA -
AlarmForce has given my family a sense of security and peace. With having a brand new baby girl to protect, AlarmForce keeps us sleeping safe in our beds. The staff has always been very helpful/knowledgeable when we have needed questions answered. We have recommended AlarmForce to many of our friends that are starting of in their new homes. Thank you AlarmForce, keep up the great work!
-Reydean R. - Airdrie, AB
