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Alias Born 04/16/2012

Re: lumpina post# 847

Friday, 05/18/2012 10:56:59 AM

Friday, May 18, 2012 10:56:59 AM

Post# of 2041
It really depends. First we are not certain of all the fact surrounding the situation. The company has to disclose as discussed in the 6k, the reasons why. Then they typically will higher a new auditor and it will take time for the new auditor to get through everything. That being said, one the auditor has been taken on, the company gives a report to NASDAQ and they review any compliance issues. From there they have a certain amount of time to rectify any issues.
If I remember correctly taht is what happens now.
I think in the long run everything will be fine. In the timebeing all we can do is wait. Those who were daytrading will have the money tied up for a bit. If you were long no issues unless nothing gets resolved, IMO.