"It's no fault of management that they have to re-audit 2008 numbers" And you know CutAuction I agree with that.
But what I don't understand is Why they did not go ahead and file there 10K. (some where saying it done)
Have the numbers checked from 2008 and if anything was a miss then file a 10K/A (AMENDED) to bring everything in order.
Unless I missed something no where did I see the where there was something wrong with the last one. The SEC just wants it looked over and resubmitted. Was something wrong number wise with the last? I never seen it, unless I missed it. This just does not seem right to me all of this could have been avoided if this would have been done.
Dear Shareholders We will be buying up to 1 BILLION shares
in the open market of our common stock. Right after we sell the 3
billion left. 1 billion will be given to a promoter for market
awareness. This will increase shareholder value for all