Nexteligent Holdings Inc (NXGT)

[Elcappy1]

Lastly, the Company has decided that it does not intend to either increase its authorized common shares or to enact any share splits or reverse share splits and, in consideration thereof, the Company has retained SEC legal counsel and an independent certified public accountant in order to commence the preparation of a Form S-1 registration statement in order for the Company to be a fully reporting issuer by the end of this year.

https://www.otcmarkets.com/stock/EFFI/news/UPDATE--Efftec-International--Inc--Announces-Financial-Restructuring-and-Provides-Corporate-Status-Update?id=165151&b=y