Plasticon International, Inc. (fka PLNIQ)

[jim stop loss]

Probe, just a note on auditors.
There are several levels of auditors. Generally they are known as the Big 4 (international auditors), Internationals (not in the big 4), Nationals, Regionals, and locals. The big four handle the majority of really big companies like GM, AT&T, and companies that have locations worldwide, etc.
International and nationals vie for the "billion plus" companies but do take smaller-large companies.
Regionals do handle some very large companies too, but the majority of their customers are usually those that do less than a billion (some much less) in annual sales.
Locals, for the most part, take as much as they can from their planned business area. That can be a city, a county, a state or (rarely) a few close states.
I might also add that many audit firms in every category specialize in certain types of business (manufacturing, Banking, Service Sector, Etc.)

The greatest divide between these general categories is the price they charge for an audit. Another divide, when you get to the locals, is the personal responsibility they take for maintaining their customer base. They usually have a fairly large turnover and maintain a fairly small regular staff compared to the major players.
Companies, especially start-up companies such as PLNI couldn't begin to afford a "Big 4" or an International or national auditor and would pay about five times or more for their audit if they elected to use a regional as opposed to a local auditor.
Now, given the constraints of the auditors available and the necessity of maintaining a good and accepted auditor who has a good reputation and would be accepted by the shareholders, the regulating bodies, and any other organization that relies on audited financials (tax authorities, local banks, industrial lenders, etc) PLNI must choose an auditor they can afford who answers these needs. This is not as easy as being a Microsoft and having auditors bidding for your business.
The reason I have written this post is to give you and other readers some insight into the problems associated with a small business getting and keeping the right auditor.
I suggest that anyone who has any curiosity about auditors and their methods of doing business, sould jump on Google and read awhile. Many articles and advertisements are available to give you further insight and to allow better understanding of some of the audit problems faced by PLNI.
I would be happy to answer any specific questions if I know the answers. If I don't, I could try to find an answer for you. I can't answer any specific questions about PLNI's strategy or plans because I don't sit in on their meetings but I can answer general questions about auditors.
This is just stuff I've learned over a lifetme of dealing with auditors.

A brief history of the big auditors as they merged
http://www.answers.com/topic/big-four-auditors

In order of revenue and headcount as of 2005, the Big 4 are:

PricewaterhouseCoopers $20.3bn +17%
Deloitte $18.2bn +12%
Ernst & Young $16.9bn +16%
KPMG $15.7bn +16%
(We lost Arthur Anderson when Enron went down.)

Google is full of more info.