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Friday, 03/11/2022 1:03:26 PM

Friday, March 11, 2022 1:03:26 PM

Post# of 371901
LOGICAL REASON FOR DELAY (STRICTER PCAOB GUIDELINES)







One or two years ago, a registration filing with the library value being excluded from the auditor's opinion may have passed review. But the more stringent S.E.C. rules on OTC issuers - and stricter PCAOB guidelines - no longer enable such a choice. Accordingly, HHSE has moved to immediately get a qualified Film & Television Library Valuation Report completed - which we are told will take ten (10) days or less. HHSE will then incorporate the updated Library Valuation letter into the existing Form 10 and the auditors can complete their opinion letter.



https://hannoverhousemovies.blogspot.com/2022/02/form-10-audit-issue-updates.html