Monroe1, we don't know much on this end, for sure! I even emailed Pres. Arnie Klann regarding the status of the deal with GS Caltex in S. Korea, but got no reply? It appears that deal was never completed.
I know most, if not all, other employees resigned over a year ago, and they need to soon either merge with or sell out to another energy company who may be interested in the unique BFRE process.
If they continue to delay issuing required financial statements, their stock may be de-listed for public buying and selling?