Under Georgia law they are required to release them once a year from my understanding.
(I consider this a huge bonus for shareholders. So many other public entities don't fall under this guideline set by the Peachtree state.)
This was the reason they complied last year and released what we have on the website now.
So even if they do not get current (now, later, or ever) with audited fins there should be a release about the same time as last year or be in violation of that statute.
What I believe the company management/BOD does not realize is that they can take any of the previously unaudited filings from last year , along with an attorney letter (hello interim CEO and attorney Richard Ferris), and submit them to OTC Markets and get the 'Pink Sheet No Information' designation lifted to 'Pink Sheet Limited Information'.
A very positive step IMO.
But if the CEO search produces a candidate with skills in running a public company, he/she would understand that filing and getting current would be the number one priority of any security.
Even the least informed investor realizes that.
But until then let's hope they comply with the laws set down for incorporation in the state of Georgia
