I respectfully disagree. As skichic and/or one of our other long investors pointed out, this has been a shell thus has essentially nothing to audit. I believe this audit will be simple and quick (just a formality).
The XCRT audit should be quick. No debt, no income. The audit only goes back two years. I am sure the investment banker is requiring it. I am guessing XCRT did think they’d need one, because they were a shell, but the bank has their rules.