Sure. Most companies that buy into or merger into another company and will only do so with audited fins, probably 2 years worth. But this situation is different because the Dynasty part of the business is immaterial as it is not part of CYBK. Clearly all Clarke wanted was go public. This was the easiest and fastest way to do that. He's got share structure, but none of DNYS limo business, so audits not needed for the decision.
But if he wants to move to OTCBB, he'll need audits and as part of the agreement Pierce Fleming agreed to help with the audits. Apparently that help is not tops on his priority list.