MultiCorp International Inc (MCIC)

[MSEED]

PR already stated income
The audit is forthcoming I believe. Reasons for delay could be wanting to try and include additional income from the NEast Magazine distribution, or restatement of assets to show better valuations. I think the audit is slow in coming because Dan wants to buy up as many shares as possible before releasing exact O/S info. Reason is the more shares SMMW can buyback at these low levels, the more leverage there is to propel the pps up with naked shorts having to cover once the exact real count is released.

A company does not hire Donelly Assoc. for a smokescreen. SMMW has consistently released info on more and more operations such as NEast Magazine (which is at Borders now)
The reason per your question as to why after trading at .0002 for a few days we haven't seen it take place yet is total size of O/S and ability to buy back. Only recently has SMMW announced ability to go after 20% of the O/S count as buyback to start. Funds in place to proceed.
Many investors have held this stock for some time @.0001 and with such a large O/S count, takes a short time to eliminate O/S total to start squeeze. PAIM again is the example. Weeks after announcing a buyback of share count did it finally pop.

A company playing games does not disclose so much in PR's over the last few weeks. Patience is a virtue alot of novice pinkie players do not have. Think if you sold PAIM @ .0001 after holding it for a little while right before it popped.

Best Regards
Not a buy or sell recommendation.