The good part is that they have generated an complete SEC filiing document, with audited financials contained therein. With the SEC looking over their shoulders, the information should be accurate. This filing is a necessary step that had to be completed to move towards getting out from under the SEC suspension and off the Greys. Whether getting off the Greys will actually happen requires a market maker (or more than one), and that is another hurdle - but it couldn't even be a possiblity without audited statements such as provided.
I am not saying the company is out of the woods by a long shot, however, this is definite movement in the right direction.
I continue to have some hope that a viable company will emerge from what appeared to be a hopeless situation.
Time will tell
GLTA longs