RPH, "I feel your pain" - and I'm not even a shareholder.
What is fascinating is that the company could now put out a press release about their first quarter sales for the 2015-2106 fiscal year, even if the prior year annual reporting were not yet released (which makes one wonder why they haven't, particularly if first quarter sales were to exceed the $1.7 mil. in sales of the immediately prior quarter or even the $1,371,550 sales of last year's Q1).
Let's remember that this is the first full year audit of their new CPA firm and that there are some specialized issues to deal with (the "going concern" footnote and how to handle the Gotama conversion, in particular), so some delay is not all that unexpected. Still, as much as I think of myself as a "give the benefit of the doubt" kind of person, I think that the company and/or its audit firm are running low on excuses at the moment.
If the resident bears on this board were to chime in that it couldn't possibly be the potential of good news which is holding up the financials, I'd lean towards agreeing with them at this moment. For, even if the Gotama conversion "gain" were to be run through net income, that still is just a one-time extraordinary event and shouldn't be counted on for more than it's worth.
Hang in there - one of these days we'll actually see the numbers. (and then this board will light up as to how to interpret those numbers and accordingly place a value on the stock)
