Sack Lunch Productions Inc (SAKL)

[bar1080]

Why are first year audits difficult but first year press releases flowed freely like water. Doesn't SAKL keep adequate records? I don't understand what was so hard or costly.

"Richard Surber, ... observed, "First year audits of prospective
public companies are a huge hurdle that we have now cleared. With
the first year audits behind us, we are able to focus on current
operations and accounting moving forward. On the flip side, with the
time and cost overruns of the 2015 audits, we still need to complete
the audits for the year ended December 31, 2016 before being able
to file a registration statement."

https://www.equities.com/news/sack-lunch-productions-sakl-provides-update-on-prior-periods-of-audited-financial-statements