Hi Hotstocks. They legally can issue an audit results PR (or a preliminary audit results pr) before they issue an SEC filing. The sec requires three years in the initial filing but you can issue a press release before the filing. So Jims answer does not address my question.
Also, why dilute in a buyout. Why not borrow if profitable? If they buy a real company with assets and contracts and we are already making profits then banks will bang the door down for our business. Someone needs to ask Jim this because 3 billion is a rediculous amount if we end up there and this should not be the strategy going forward IMO. Not the best option for the smaller shareholders.
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