The management claimed that Cash auditing might not help the stock price.But if their cash positin could be independently verified. I will be the first one to buy this stock agressively.Plus, most investors thought this is a fraud, verify the cash positon is the best way to answer the market. This is the honesty issue and its nothing to do with the stock price.If investors feel the company is honest, the stock price will take care itself.
Can you name one company that it helped?Look at WKBT. They verified their cash. That only made their stock drop 50%.