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Re: Toddini post# 61943

Friday, 07/26/2019 12:04:56 PM

Friday, July 26, 2019 12:04:56 PM

Post# of 74781
As with any start up business, i would take all the losses i can, for as LONG as I can. REVS are what is important here, and that they show an increase every Q, which is what we are on the verge of seeing happen here now..

As for your Up List question, that was addressed in the Letter..

OTCQB Up-Listing

In January of 2019 we filed our quarterly report for Q3 2018 and additional OTCQB application documents for a final review by OTC Markets, as required before final approval of our up-listing application. After the review by OTC we were informed that certain disclosures formatting needed to be amended and reposted.

Due to timing deadlines for the filing of our Annual Report 2018, we had to decide on whether to continue making the requested changes to the quarterly report or prepare and file our audited annual report for 2018, since we fully expected that OTC would now request the most recent Annual Report to back up our application for up-listing to the OTCQB . We chose to focus on the auditing of the annual report and to post the unaudited financials while the audit is getting finalized. We’re confident that our reapplication combined with the audited Annual Report for 2018 will meet the requirements for OTCQB up-listing. The audit and disclosure process is an expensive and time consuming process, and we dedicate resources as much as possible to finish the process.


$LVVV