The company does have a chance, but any uplisting or even removing the stop sign will require a second year of audited financials. Until financials are up to date we are just fooling ourselves, but we can't fool pinksheets.com. That stop sign stays until financials are up to date, and considering how long 2007 took how long do you think we will have to wait for 2008?
Either management is really trying but just can't get anything done, or they are stalling. 2007 was a relatively easy year, financially speaking. It would shock me to my core if they ever release audited financials for 2008.
IMHO, natch.
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