RE:From Terry Booth on XTo be fair to your investors Terry, AUSA has given us very little to go on. There has been minimal updates on the audit status, why the last group of Accountants/Auditors terminated their employment, and why it is taking so long to prepare and submit the appropriate financial statements for regulatory review.
The best way to increase shareholder confidence is through transparency. Your website has not been kept up to date, you have not sent out regular shareholder relations and your media contact person was laid off. Optically things do not look good.
Clearly right now shareholders have no choice then to keep the faith with a trading halt. I truly hope that if and when trading reinstatment happens AUSA will do better managing sharehodler relations and the overall business. We want to see the company succeed.