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Tuesday, May 22, 2012 9:56:25 AM
LUCY:why was the auditor leave?
VP finance: I am not able to say why the auditor resigned yet,we need to talk with the auditor to get the permission before we can announce why,and he hasn't given us the perssion yet...
L: I believe you can find an excellent auditor in Beijing...and could you tell me what's the sgoco's next plan?
V: The plan right now is that the company is going out and looking for new auditors, then we will select a new auditor, the new auditor will come in, and the new auditor will do the audit for the year ending 2011, when they finished the audit then we'll prepare the first quarter 2012 financials then we will get filed so that's the plan,then we'll start to get back on normal. but the first step to normal is to get a new auditor in and so that we'll working
L: could you tell me when will we stop the stock's halt,most stock holders are worring about that
V: i am not sure,because that's up to NASDAQ.
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