Nate's Food Company (NHMD)

[shotsky]

You do realize that Nate, at this point, has nothing to do with the reverse merger, right? The ball is in JP Energy's court. JPE is TAKING OVER Nates, and Nate and his associates will all be gone, along with the pancake batter and mining machines. It's like when you sell your house and move out so the buyer can move in, but you aren't going to move out until the buyer is completely financed to move in. There is a holdup somewhere that is delaying the process, but the private company JPE has not told us what that holdup is. In this case, financing and/or SEC filings are probably the holdup.
The reason Nate is still present is to smooth the process. He needs to tell them where the light switches are, the electrical panel, etc. When the merger is finally complete, he will be long gone, and there will be a new CEO in the house, and that CEO will have to hustle to get the new company functioning. THAT will not happen overnight. But JP knows the food distribution business and will get it up and running with the first sugar order. The first of many, hopefully.
I think the fact that the accountant was changed AFTER the merger was announced means that it was probably JPE's accountant at that time, and that they need to get the audit completed for the merging company.