77. As alleged above in paragraphs 13 through 50 and 56, among other allegations, Mona knowingly failed to implement a system of internal accounting[color=red][/color] controls such that transactions, including the PhytoSphere transaction, were properly recorded to permit preparation of financial statements in accordance with GAAP and to maintain accountability of assets. As alleged in paragraphs 13 through 50, among other allegations, Mona falsified a book, record, or account of Case 2:17-cv-01681 Document 1 Filed 06/15/17 Page 15 of 19
Coincidentally the accounting firm at the time was let go.
Seems eerily similar to their most recent "Adverse Opinion" finding, and subsequent release of the accounting firm....FOR THE SAME REASONS.
People do not "know what kind of company this is".
As long as the adverse opinion stands, NAS listing is IMPOSSIBLE. Almost the 1 year anniversary, and they are actually further away than they were a year ago.
The whole company has done nothing but lie...It will come to roost some day.