Some items are close, if not absolutely hard facts. There is only one rational explanation for not filing imo, too little money left.
Rule numero uno I should think of financing universe. When things on financing have been bad for years, to become an unaudited company is as close as you can get to turning away the finance boys. It does not matter if it is 1 chance in 5 to survive or 1 chance in 50,000, I don't like it
Maybe next week I will??????????