Why would Songbird go along with anything when Tony can’t/won’t produce audited financials, and past financials can no long be relied upon? If BLTA is still financially dark, how could they possibly satisfy any seller, debt holder, or creditor? Something is seriously wrong that Tony hasn’t produced a current filing, nor has corrected past incorrect financials.
It should be noted that BLTA has not filed a 10-K or a 10-Q since 3-31-16 Quarterly results. Therefore, 5 months from now, on March 31, 2018 will mark two years since BLTA has reported financials. Will BLTA produce audited financials by 3-31-18? Don’t know. But after 2 years of non reporting, BLTA will be delisted. BLTA has already gone more than 1 1/2 years without any financial disclosure. Zero. Time is running out and Tony needs to come clean and show everyone BLTA’s books. Shareholders are entitled to know the damage.