Wednesday, February 05, 2020 11:41:21 PM
The S-1 allows the shares issued to be free trading. The S-1 requires two years of audited financials be provided by the issuer, as well as, any interim period be reviewed (an accounting term).
Given the scammer drunk Lester and his street walking girlfriend did the books for the former Cerro, doubt the financials are in order to be audited by a PCAOB registered accounting firm.
If possible, it will require forensic accounting which is expensive.
Hence the need to raise capital. I suggested 2 ways capital could easily be raised.
Those are the facts
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