Yes we understand that, nobody is questioning that, it is a smart move.
I guess our point was only that nothing but the audited 10k's count for the SEC when it comes to being delinquent with the suspension risk. So the SEC needs to be informed that there is a fixed plan as to when the audited stuff is ready and they need to be ok with it, there has been a ton of suspension again lately, for companies who are delinquent much less than ITUP is time wise so this is an essential point for all of us. It's not that important what is in these filings, it's the filings itself.
Ok, I was referring to your statement that fair valuation pre-split is about 60 bucks in your opinion, if you think 10 bucks post-split is fair then that would be 300 bucks pre-split if you wanna do a 1-30 FS. Then I can see the discount at 2 bucks.