You know well that an audit can take a lot of time and it seems there are always unexpected delays in obtaining necessary responses from other entities.
you are correct and according to Peter...
Q: When will SunnComm be filing the 10SB?? When do you expect the Company to graduate from the Pink Sheets??
A: Sorry for the delay in answering, Bill. SUNX will file what will probably be an S-4 merger and proxy document as soon as the full 2-year audit is complete. It is underway now, and has a completion date of Labor Day. Thanks for your ongoing support.
The audit completion date was Labor day in 2002 according to the Prez, oh well, its only a little over a year late, LOL,
It does raise another important question though, either Peter deliberately lied in that response or he really didnt have a very firm grasp at all on the financial operations going on in the company, either way, it is very troubling and should be a major concern for any investor in this company.