The stock audit (if they ever actually do one) won't be "independent". It'll be done by the new TA, who's in the company's employ.
I simply said it is prudent to wait until the independent audit is complete before announcing so that those with an agenda to cast doubt cannot question its accuracy.
Confusion surrounds this issue. First the company said that the old TA would do the audit and then turn the books over to the new TA. Then someone called the old TA and was told they weren't doing any audit.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.