PSYC Corporation (PSYC)

[FreddyJ_30]

I definitely believe that is the situation here. I wouldn't be surprised to see one more change in accounting and/or auditing firms to get us to 2020 before that filing happens.

Current management probably wants to erase the old guard entirely from their books before they have a "coming out" party. And if it is true, I'm not necessarily mad about it. But it does also give current management an out, in case they can't deliver or have some shady dealings on the books they're keeping. I expect we'll be in limbo for the remainder of the year and until they release that information, this is very much a gambling stock as there is no certainty they can or will deliver. It's also why I think the equity purchase they reported in their annual is kinda suspect. Will they just be handing over the keys to someone else at the end of this year?:

12/21/2018 - Payment USA, LLC - E.W. Wright- $150,000 - @ .0025 with common stock purchase warrants for up to 340,000,000 additional shares. Warrants expiring one year from execution.

Try looking up information on this E.W. Wright or Payment USA, LLC. Everything I found looks super suspect.

If this is him, his LinkedIn says he works at EBS Merchant Solutions and hasn't worked for Payment USA since 2016:
EW Wright LinkedIn Profile