Technically, this is correct, well, not technically, really. The filings need to come out, as per terms of the agreement of the merger. The merger is not officially complete, that is why we Im hoping we haven't seen a jump in the PPS.
Terry Johnson was canned shortly after the merger announcement, D Brooks and Associates took over when the 2 year audit started. So there is no need for the audits to be done again, since only the last 2 years are required and they weren't done by Terry Johnson. Source: https://www.sec.gov/Archives/edgar/data/1373444/000149315215004763/form8-k.htm
According to various sources, management has all intentions of meeting the 71 day deadline, so hopefully they are telling the truth. Only time will tell if they are, GLTA.
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