Of course. That is their REVISED statement made in their last PR. The same statement statement that made the "10 days until audit" statement look absurd. Even when they were made after the PR
Dream on. There will be no audited filing. What was the original pump purpose of having 2 yrs of audited financials? Answer: A Form 10 filing. A Form 10 must reflect the current state of the business. Not what it was 3 months ago. It would be cute to see the imaginary LeBonds $15M (or is it $15K) accounted for. Also for the very first time Porter would have to do what he has never done before: Give a complete accounting of all debt note holders, and identify who received the 195M shares last Feb. Even better would be the oil reserve estimate for dry/plugged wells. No accredited petro engineering firm is going to generate a bogus report for a scam. BTW - where did BAYP announce they had contracted with a petro engineering firm to generate an oil reserve report? That's also imaginary. Which makes all claims about an audit imaginary. Not to mention a Form 10.
As a trivial point, the Q2 would also have to be audited if the mythical Form 10 was ever submitted. Why? Because BAYP would be obligated to file a 10K within 60 days of the Form 10 being accepted by the SEC.
Yes, it's possible a CPA might cooperate with Porter, and end up with the PCAOB knocking on his door. Noted you didn't say "auditor". An admission no audit is coming? But even a CPA can't go off the deep end on oil valuations. Guess issuing unaudited financials which claims no oil assets would be safe(?).