Janice, I think I addressed that question in an earlier post but I'll take a stab at it again.
Government has a system of review and record-keeping that slows it down to a crawl. I doubt if any review of information will be complete for another week or more. That is, if they don't require further information and have to wait for that (eg. was the deposition completed or delayed). Usually, requests for further information stops the reviewer's clock. They do something else (another case) until they get what they ask for. If corrective action is required, this won't be forthcoming until it is reviewed. With government, it is always about precedent or setting a new precedent. QA\QC would also be incorporated in the review process, including reports, and closing the case.
The suspension was limited to 10 days by law. It was basically used to leverage needed information. This was not the time frame of the inquiry or the review of the documents. If the company is cooperating and supplying information to the SEC satisfactorily, then they won't need to use that hammer again.
Final resolution for most of us longs, IMO, will be the issuance of the AFs. If the auditing firm didn't have all the information they needed before, darned if they shouldn't have it now. I expect that the audit will be very thorough given that the auditing firm knows who's eyes are watching. I look for those to be complete before the end of March (my time frame). I hope the company is intent on getting those done.
AI
