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AGHI Announces Completion of Fiscal Audit
Before the opening bell, Agora Holdings, Inc. (OTC: AGHI) announced a major milestone in its efforts to become a fully reporting company, as BF Borgers CPA PC, an independent accounting and auditing firm, has completed the audit of its fiscal years ended December 31, 2014 and 2015. Agora’s audited financial results are expected to be posted to the company’s filings on OTC Markets, and a review of its interim report for the three months ended March 31, 2016, is already underway. When completed, Agora will have all of its current reports filed, marking a significant step toward increased corporate transparency and a potential uplisting to the OTCQB Venture Market.
“The Company is moving in a very positive direction,” Danail Terziev, chief executive officer of Agora, stated in this morning’s news release. “As we keep moving forward, we are confident that our shareholders will be rewarded given the performance of our company in the marketplace and its future potential.”
In addition to its focus on becoming a fully reporting entity, Agora has remained steadfast in its efforts to progress toward the release of its FRAME social media management software in the coming weeks. Last month, the company announced that its subsidiary, Geegle Media, was addressing minor issues discovered during FRAME’s prerelease. Upon launch, the platform will enable businesses to streamline their social media distribution, conveniently delivering brand-relevant messages across a number of social media networks from a single, centralized dashboard. Although not specifically referenced in this morning’s update, Terziev did indicate that big news could be on the horizon for Agora.
“We look forward to announcing more exciting news very soon,” he stated.
In February, Agora unveiled a newly-enhanced version of its FRAME social media management software that had been optimized for use by businesses, public relations firms and investor relations agencies. Featuring seamless integration with leading social networks such as Twitter (NYSE: TWTR), Facebook (NASDAQ: FB) and Instagram, FRAME was hailed as a ‘faster, more efficient and easier way’ for organizations to deliver brand-relevant messages to their followers. Unlike competitor systems, FRAME is expected to provide the option to schedule posts from a truly user-friendly platform, addressing a currently underserved portion of the greater social media management market.
“The concept of a built-in analytics system with the option to schedule posts is not new,” added Terziev. “What IS new is our concept of delivering this platform without the usual problems associated with competitor systems. A truly user-friendly social media management and engagement tool has yet to be built, and Geegle Media sees the opportunity and capability to deliver on this need.”
For more information, visit www.agoraholdingsinc.com
