Last time I checked companies that trade on the pink sheets are not required to make any filings with the SEC. Fu is angry at the SEC and also still minus a CFO. With the cash they have in the bank and a new plant opening, it does not surprise me that all they did was a simple financial statement on Dec 2nd.
It all comes down to a question of Fu's integrity. Do you believe Fu or not. If you do, then you see him as an honerable man and as such you can believe his promises to take care of faithfull shareholders. If you don't believe he is honerable then what are you still doing in this stock and on this board?
You're an idiot...auditors don't look at a 10Q, that's why the numbers say unaudited on them.
Auditors are required to do a "review" of Q's which only allows for inquiry and analytics, no detailed testing. How in the hell would an auditor find an issue with the Q based on that? Additionally, this stock is on the pink sheets with no requirement to file the Q.
Go learn how the capital markets work scooter and stop trying to spread BS.
You are a very angry man and big loser in ABAT I assume. I guess you need a few lessons. With Sarbanes Oxley the CFO and CEO must sign off and they always run 10Q past auditors before doing so as they could resign. Is there another reason to be late with unaudited statements?