Exhibit 99.1
[Letterhead of McKonley & Asbury, LLP]
INDEPENDENT AUDITOR'S REPORT
JoEl, Inc.
Elizabethtown, Pennsylvania
We have audited the accompanying balance sheet of JoEl, Inc. (d/b/a Simon Candy
Company and Pharmaloz) (an S Corporation) as of December 31, 2003, and the
related statements of operations and retained earnings, comprehensive income,
and cash flows for the year 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 audit.
We conducted our audit in accordance with auditing standards generally accepted
in the United States of America. Those standards require that we plan and
perform the audit to obtain reasonable assurance about 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. We believe that our audit provides a
reasonable basis for our opinion.
In our opinion, the financial statements referred to above present fairly, in
all material respects, the financial position of JoEl, Inc. at December 31,
2003, and the results of its operations and its cash flows for the year then
ended in conformity with accounting principles generally accepted in the United
States of America.
MCKONLY & ASBURY, LLP
Harrisburg, Pennsylvania
February 20, 2004
