They could. Some exchange listed companies have done this after discovering accounting errors. They warn the public not to depend on certain financial information until they can restate that period.
This won't save CKYS from going grey. After suspension, among other info the MM will need accurate financials from the company. Since the SEC questioned this particular area, they'll probably want audited ones.
----- "We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful." -- Warren Buffett
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