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Re: None

Friday, 09/06/2019 3:20:26 PM

Friday, September 06, 2019 3:20:26 PM

Post# of 61155
My guess is that the newly appointed Chief Accounting Officer resigned after just 2 months last year because he uncovered fraud.

In the 2018 PRs and Facebook posts, the CEO made it sound like everything got screwed up because one person (who was there for only 2 months) resigned.

A year and a half later, still no 10K filing and complete silence from the company. I'm betting they never intended to file.


LAS VEGAS, NV, April 18, 2018 (GLOBE NEWSWIRE) -- Momentous Entertainment Group, Inc. (“Momentous”) (OTCBB:MMEG), announced that it will be unable to timely file its Annual Report on Form 10-K for the fiscal year ended December 31, 2017 (the "Form 10-K") because the Company's financial statements had not yet been completed due to the untimely departure of its newly appointed Chief Accounting Officer, Ronald Frandsen.

The Company had appointed Ronald K Frandsen as its Chief Accounting Officer on January 23rd, 2018 with the intent that Mr. Frandsen would begin working on the Company’s 10K filing as well as begin and complete the consolidation, two year audit and integration of its newly acquired wholly owned subsidiary, Skin Scientific LLC, into Momentous’ accounting system. On March 22, 2018, management was notified by email of the immediate resignation of Mr. Frandsen due to an unforseen personal family emergency.

With the departure of Mr. Frandsen, Momentous had no alternative but to secure another party to complete the filings. On March 29, 2018, Momentous CEO Kurt Neubauer executed an agreement with an outside accounting firm to prepare both the Year End 10K and upcoming First Quarter 10Q for filing as soon as reasonably possible after the completion of the required audits and reviews by ThayerOneal Company LLC, Momentous’ SEC Auditing firm.

Momentous CEO Kurt Neubauer stated, “Ron Frandsen’s departure has left Momentous with no choice but to file its 2017 Year End 10K late. We have not received any notice from the Securities and Exchange Commission ("SEC"), but realize that the Company will not be in SEC compliance until our reports have been properly prepared and filed. The Company should be able to regain compliance by filing the Form 10-K with the SEC.” Mr. Neubauer also stated, “This is Momentous’ first occurrence of a missed filing date and the Company is working diligently to file the Form 10-K as soon as possible.”





    

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