Green Oasis (GRNO)

[loanranger]

The SEC won't let them file current 10Q's (they don't have to be audited) without the prior year's audited statements being filed first.

With their recent hiring of a PCAOB firm to provide the audit function they give the appearance of having the intention of becoming SEC compliant. But as has been noted, thirteen years of 10K's is a very expensive proposition, not to mention extremely time consuming.

Whether they could file current quarterly financials in their current "OTC limited Information" market tier, opting out of SEC compliance, isn't clear to me. But, if that is their intention, the hiring of the audit form makes little sense.


This is no molehill.