RINO, ha I just saw this and wanted to comment the same. I don't think that the market likes the way they respond to this. Internal review? Shouldn't they be aware of everything going on within the company regarding these allegations? I will not touch the stock for now.
RINO - well we know what happened when ONP got an accounting firm to do external review (let alone a fluffy internal) - got to think PPS will be under pressure.
My other thought is... those institutional investors that gave RINO millions of dollars did they really not do more DD?