It's hard to defend against a late filing and increased audit exposure....too much uncertainty.
This is what bugs me, how they were correct? Massive fraud , with 72% of revenues fake, you think Deloitte and PWC would be hanging around if that was the case.
How many times do I need to point out that D&T did not investigate NQ let alone audit them. Their lawyer investigated them and surprise, surprise the lawyer found their client innocent.