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Posts | 230 |
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Alias Born | 09/24/2021 |
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Monday, April 11, 2022 12:25:17 PM
"The audit is NOT voluntary if you want to be uplisted, it is mandatory." That is 100% true.
ENZC desires to be uplisted, which is a voluntary choice (and one of which that we should all approve). The audit is a prerequisite, and hence another voluntary choice.
We can also agree that everyone wishes it to be done sooner.
And, we agree that the auditors have not changed nor filed any disclosures indicating problems.
We can agree to disagree on the complexity issue. Sadly, accounting precepts are revenue independent. The same standards apply for small and large companies.
Merger, patents, 251(g), reverse merger, debt exchanges, reverse merger acquisition and changing accounting standards. Seems rather complex to me..
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