There wont be a shell from someone to buy. IFIXQ has already been transferred from Corp. Fin. to Enforcement.
The issuer has three avenues:
1) retain a licensed CPA firm, registered with the PCAOB permitted to audit their financials. They owe 2012, 2013, and 2014 Ks and Qs; or,
2) Ignore the SEC and they get revoked; or,
3) Consent to an Offer of Settlement with the SEC and they get revoked.
With that said, they don't have a lot of time. Further, auditing three years with a lot of baggage is going to cost a lot more than.....wait for it....
Auditing a new shell, with no baggage and only two years.
