Everyone should always do their DD, including CEO's and folks buying companies!
i'm not saying he isn't responsible for filing to keep current, but he JUST tookover. to launch this on him when he has just recently taken over the company is ridiculous IMO.
Ofcourse he is 100% responsible! No different than buying a pizza place the health department shut down and you bought it!!!!!!!!!!!
I have NEVER seen a stock get haulted and then trade at the same status, also I do not remember the last time a company got financials current in 10 days or less
I should feel lucky I only have 2 million shares here, the last one and only other one I have ever been in that got halted cost me $22,000.00, so this is like a discount!