OK if audited financials cost $100,000, we would have to issue
20 million new shares to pay for that now or we would no longer be cash flow positive. Is that what you want ??
Why is American HealthChoice unaudited?
The answers are that (1) there is nothing to file and (2) there is not yet enough money for an audit. First, please understand that we cannot file with the SEC any financial information that is not audited. Once a company becomes a fully reporting audited company, that company can never report without being audited. We have reviewed this issue in detail and recently received a quote for a new and complete audit. At this time, it is cost prohibitive as the cost was in excess of $100,000. I would rather put that money to work for the investors by increasing revenues and profits first, and then conducting a $100,000 audit once there is ample cash. That day will happen. But, I do not anticipate that happening in the next six (6) months.
We will, however, continue to release unaudited financials as we have in the past. And, we are working feverishly to grow your investment.