"What has taken so long to audit the books wasnt like we have huge revenue?"
I suspect that the books have already been audited twice, once by the original auditors, who were then fired for their pains, and again by the new guys.
A completely different question is if and when audited financials will be released (even if many months ago I was roundly and viciously castigated by virtually everybody who professed to be a LLEG long for pointing out entirely correctly that the "financial statements" that Mr. Bartoszek had posted were not only unaudited but also riddled with obvious errors).
I'd have to guess that they won't ever be released to the public, and that the reason for that is that to do so would lay bare the duplicity and deceit of Mr. Bartoszek and those who worked diligently on his behalf all over <ahem> the Internet to promote this stock to the (largely) unsuspecting public.
Much easier for Mr. Bartoszek to let LLEG slide slowly towards delisting (which with the SEC being the way it is tends to happen on a geological time scale) and hope that the latter day Eliot Nesses in charge of regulating the sleazy end of the Street never get round to filing criminal or civil charges.
Which, sadly, is a reasonable bet.
"It is difficult to get a man to understand something, when his salary depends upon his not understanding it."
Upton Sinclair
"Nobody ever went broke underestimating the intelligence of the American public."
H. L. Mencken
