Again, I'm not looking for a debate here but I do want to point something out. Their previous accountant was their auditor for many years. They hired him to be their accountant after he had done all their auditing. If things were such a mess with the audits, why hire him as the accountant? Also, they didn't fire him because things were a mess, he quit because he wasn't getting paid. That's a big difference.
Companies can pay people for services with stock. Lawyers, consultants, etc. But the only people they can NOT pay with stock is accountants and auditors. They must be paid in cash. It's illegal for it to be stock. The reason being it would give crooked accountants reason to inflate the financial numbers to make the stock better if they had stock.
If HYII couldn't pay the previous accountant, maybe they can't pay the current ones, which is why the 10Q hasn't been filed yet. I'm not stating that, I'm suggesting it's possible.
This post is my opinion and should not be used as investment advice.