I can't Find The Postfrom a couple of days ago where the poster said that the ongoing delays had nothing to do with the auditors, that they had what they need. I remember reading that post and thinking to myself, what are you talking about?
It is always a back and forth process where the auditors ask for certain information from the company, because usually they find discrepencies. Doesn't always mean that something is off, but regardless the information asked for has to be verified and corrected if need be.
Now of course in order to verify this information the company and auditor's need to get some of this information from Reliqs clients, makes sense that this could take some time. To be clear I am not defending the company and why things are taking so long.
We all can speculate and we have, some of these previous posts in my view are blatant fear mongoring. Today's news release does shed some light on the process, now we need the data from this audit to determine what lies ahead.