Part of the excuse for the late 10Q was "the Company’s efforts to secure additional funding."
They could file unaudited statements and Chris Nelson is a securities lawyer so he could do the remaining paperwork (98% cut and paste from last time), unless he's waiting for investor cash to pay himself consulting fees on top of his salary.
Unlike Harry and Frankie at Cyclone, Nelson isn't emotionally tied to Q2P's business, what ever it is. He's probably shopping around the shell now.
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