Viropro, Inc. (VPRO)

[Bepractical]

If I recall, the previous issue with the financials was that Cynthia didn't have money for the auditor to continue, or so went the story...

I'm assuming they are using the same auditor as it would just be a matter of cutting a check so he can resume. The PR said 200K was already advanced by SHB so my assumption is that it is already underway.

In terms of working full time on the audit, not much the Viropro team needs to do other than answer questions as they arise from the auditor. The auditor is the one who is doing everything and probably at a flat fee so it is in his best interest to complete quickly so he can move on to other payable work.

So, when the audit is done, you'll see it in a filing. You're not going to get the play by play from the auditor or the company as your can't control exactly how long it takes. I think part of your reservation is that you've heard before that the audit was underway only to find out much later that the original audit stopped because they ran out of cash.

The new team has made it evident that the money concern for getting the financials done is no longer an issue at all.