iEntertainment Network (IENT)

[mr40]

That post was made over a year ago and the response was:

why do we care what the revenues of the mobile game industry in the future will be, when we have no idea what the revenues, if any, of IENT are in the present? It is very possible that all of your wonderful information turns out to be spot on, yet IENT misses the boat because doubling or tripling '0' is still '0'. Just a thought...

Almost a year ago, JW named David Terry as CFO and Mr. Terry said:

“I am excited to be working with IENT again. I know I can help make the Mobile Outdoors Hunting game strategy a success and I can assist getting the company back to full OTC reporting status.”

So Mr. Terry has had almost a year to return IENT to full reporting status, but has failed to do so because all he can do is try to get the books in order. Who knows who has been doing any accounting work at IENT?

One must wonder what the problems are that it is taking over a year for IENT to become File the FORM 10 to return to fully reporting and have their shares registered. With minimal revenues and few expenses, what could the problem be?

First problem I see is that IENT must use a PCAOB certified auditing firm and Mr. Terry can't do it. (Public Company Accounting Oversight Board)
AND this will cost big money.

I have been following another company that is fully reporting on OTCMarkets and filed a Form 10. They filed a FORM 15 on Aug 15, 2005 and like IENT, was dark until it started SEC filings on Nov. 19, 2013. They have consistently filed since then. They held their Annual Shareholders meeting on Feb. 28, 2015. The publically report the minutes of their BOD meetings.They are doing everything right. The only difference I see between IENT and this company is that this company completed a merger in 2009. In April of 2012 this company did a symbol change.

IENT needs to submit audited financials by a PCAOB approved firm for 2012 and 2013 prior to filing a Form 10-12 Registration Statement. Waiting for an IENT PR that they have done this.

Here is a link to PCAOB firms.
http://pcaobus.org/registration/firms/documents/registered_firms.pdf

So my question is why doesn't JW start by filing fins on OTCMarkets?