Doesn't sound good ... but, could it be as simple as MPCF&Co didn't like the payment terms??? Either too long, or "maybe" they didn't want to work for stock??? Other thots???
McKean, Paul, Chrycy, Fletcher & Co, were appointed in Jan. They did no work...Globetel saved money not paying them and can just leave the job to the SEC, they will do the audit for free.