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Monday, November 11, 2019 6:58:46 AM
And why did they fill out form 15 incorrectly? They don't qualify. Only companies that are current can suspend filing obligations while remaining an sec registrant. Did the sec accept it anyways? Did they have to refile to deregister?
Audits are an expensive burden but that comes with the territory. Shareholders have a right (limited) and businesses have an obligation per law to make financial records accessible to shareholders on a regularly scheduled basis Q-K.
Costs shouldn't be an issue if they're actually making millions per week as claimed. It looks awfully suspicious when their auditor quits on them. They've had 2 failed audits, right?
They should work with the sec to file recent Q and K.
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