China Holdings Inc (CHHL)

[hippychick]

It's well known how some auditors operate in the otcbb world. Companies rely on timely financials and auditors push the time limits to the point a company is almost delisted or has to file an extention.
Just as time runs out the financials are delivered with a big fat bloated bill and the auditor wont "authorize" them to use the filing unless they pay the ransom. Thats why you see many otcbb companies changing auditors all the time, as is the case here. The auditor simply did not authorize the use of the financials because they probably tried to rip them off. These issues are usaully settled for a few thousand bucks and are quickly forgotten.

Hippy~Chick