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Re: Blondetrader post# 1193

Monday, 03/23/2020 4:36:57 PM

Monday, March 23, 2020 4:36:57 PM

Post# of 1440
FYI, it looks like the accounting firm was retained by the previous owner to deliver a QB company. Also the firm is a PCAOB accounting firm and it is not unusual for U.S. companies to use outside firms usually done to save money.Also, OTC and SEC have obviously already vetted the financials or else they wouldnt have been approved to be posted publicly. There is a rigorous process to get this stuff done and its not cheap. They are probably finalizing their next filing and paying for the QB which is why it is pending. My guess is we will see a Form 10 or S-1 filing next. They obviously have funding because this stuff requires lawyers, accountants and filing fees (probably $100k minimum).