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Tuesday, May 12, 2020 8:08:37 AM
OTC DISCLOSURE & NEWS SERVICE
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The first quarter financial report is statutory.
This is what that means.
Statutory financial statements are your company's official financial statements that are submitted to the regulatory authorities, across jurisdictions. ... These statements cover: Income Statement: Includes revenue from operations, business expenses, profit or loss, income tax and earnings per share.
The Regulatory Authority is EDGAR and you only can submit to Edgar if your SEC compliant and that means you audit.
Whats going on here is that this will be the new owners first Quarterly report EVER filed..all others were filed by previous owners under Alternative reporting... so its highly likely this Q will be audited since its their first filing as the new Trend Exploration Inc, a holding company in the 5 G sector.
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