RE:RE:RWB FIRED Their Independent Auditors - Days before Earnings! If this is true then this is crazy negative. I have worked in audit before and you never fire auditors before financials are released unless they completely disagree with your presentation of the financials. That is a flag that the financials are a problem.
On the other hand how did the company get anyone to underwrite the placement if they were about to fire the auditors. Could be an excuse for the underwriter to pull the deal.