AL International (Pink Sheets: JCOF) announced it retained the accounting firm Mayer Hoffman McCann P.C. to audit their financial records. Amazingly, it took the company more than two months to engage an accounting form; a process which most companies can complete in far less time. Nevertheless, the company stated it is proceeding along the path to become fully reporting by the second quarter of 2012. We can’t wait to see their financial statements and SEC filing disclosures! In the meantime, the stock continues to plummet since we originally exposed the company as a pump and dump. We still think JCOF is heading to $0.06 or lower. Investors beware!
Categories: Penny Stocks