They are past due on their reporting but when they submit their annual report they will be current and the stop sign will come down. Same thing happened about 3-4 months ago. Companies don't like to be late because then there are hoops to jump through, so I've heard. We just need to give it a little more time...
All in all, this is a brand new company that just went through a complicated merger and, they are auditing this first and annual report. This kind of thing can be expected with new companies. Auditing is pretty rare in the pink sheets and if it takes a little longer to get this company audited for the first time, we'll, so be it. This is a big deal, it's the right way to do it, and it paves the way for up-listing to the QB. That said, I expect the up-listing will be complete sometime in the third quarter and then from there the sky is the limit... $GCGX...
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