The Nasdaq says it does background checks. Obviously that IS a joke. From Hindenburg:
$MSS's prospectus auditor was Friedman LLP, previously charged by the SEC over failure to detect fraud at another Asian supermarket chain, iFresh.
iFresh was delisted & now trades at $0.0006 on the OTC pink sheets.
One of MSS’ stores, in El Monte, was once an iFresh location.