Wednesday, February 15, 2017 7:59:27 PM
Pasadena, CA, Feb. 14, 2017 (GLOBE NEWSWIRE) -- ABT Holdings (OTC Pink: ABOT), (the “Company”), announced that a Form 10 Registration Statement has been filed today with the U.S. Securities and Exchange Commission (SEC).
The filings provide detailed information on Company’s overall business, corporate strategy, historical financial results and information on its subsidiary – Scoobeez, an “On Demand” door-to-door logistics and delivery service company.
Form 10 includes audited financial statements for fiscal years ended December 31, 2014, and 2015 and auditor reviewed financial statements for nine month period ended September 30, 2016. Form 10 further accompanies audited financial statements of Scoobeez, Inc. (the “Subsidiary”) which comprise the balance sheet as of August 26, 2015, (before the acquisition date of August 27, 2015), and the related statements of operations, stockholders’ equity and cash flows for the period from September 23, 2014 (“Inception”) through August 26, 2015, and the related notes to the financial statements.
"The filing of the Form 10 Registration Statements is an important milestone in becoming a fully reporting company,” said Shahan Ohanessian, CEO of ABT. “Scoobeez experienced growth in 2016, and we hope to continue this momentum in 2017 as well. Our Form 10 filing and ongoing SEC reporting disclosures through audited annual financial statements, auditor reviewed quarterly financial statements and all material events will provide additional transparency to our shareholders and the investment community.”
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