Stevia Corp (STEV)

[Burton1179]

I am almost sure this is the case as an audit clearly doesn't take 3 months and the red tape probably got a little more difficult to navigate as they went through their financials.
Whether it be a joint venture or a splitting off from the subsidiary Realhemp.. they clearly have a forensic auditor involved now determining what goes with what. Who knows George may have sold off the Stevia operations to an Asian conglomerate (notice no mention of Stevia Ops in almost a yr) to focus 100% on realhemp and industrial hemp here in the US. He clearly has got his foothold in the HIA/Perdue Unv. and numerous other AG mgmt. companies.

The excerpts you pasted are def alluding to bigger opportunities financially for the company. This however is a painful waiting process and if they lost good investors along this journey that is a shame and they should own up to that. The fact that they stated they cannot comment about the audit never made sense to me. They certainly can talk about an audit.. I've seen many companies release info as to why there is an audit taking place. From what I understand they would not comment on it if it was 1)detrimental to the company or 2)another company was involved (joint venture /sale)and no comment can be made because STEV is publically traded .But unless the company lied I'm thinking its the latter.

Until the audit is completed, management is not able to make additional comments, but the Company wishes to confirm that management is not aware of any negative material factors.