Does Usana Health Sciences really think anyone believes this? We weren’t really CPAs when we called ourselves CPAs but we think it’s okay because we weren’t practicing CPAs even though we called ourselves CPAs.
The Company’s Annual Reports on Form 10-K and Proxy Statements contain biographic information about the directors and executive officers of the Company, including past employment, experience and training.
Historically, the Company has reported that each of Mr. Jerry McClain, a current director, and Mr. Gil Fuller, the Company’s Chief Financial Officer, is a certified public accountant, or a “CPA”. These statements were intended to provide information regarding the background, training and professional certifications of Messrs. McClain and Fuller for their positions with the Company.
The Company clarifies that while Messrs. McClain and Fuller were licensed CPA’s at all times when they were practicing public accounting and were required to be licensed, they have since allowed their licenses to practice public accounting to expire. At the time of license expiration of both Mr. McClain and Mr. Fuller, their licenses were in good standing (and available for full reinstatement at any time). Mr. Fuller’s license expired in 1986. Mr. McClain’s license expired in 2004.
At no time since expiration of their licenses have Messrs McClain or Fuller held themselves out as licensed to practice public accounting to attract business or for commercial purposes. None of the services rendered to the Company by Messrs. McClain or Fuller require that they maintain a current license as a CPA.
Right. So what they’re saying is damn the rules. We think it’s okay that we called ourselves CPAs, so it is.

