$Rig's Platinum Penny Alerts

[mikeo56]

EMGE and this.
Emergent Intends to Become a Fully Reporting SEC Issuer and List its Shares on the OTCQB

https://www.accesswire.com/734573/Emergent-Intends-to-Become-a-Fully-Reporting-SEC-Issuer-and-List-its-Shares-on-the-OTCQB

NEW YORK, NY / ACCESSWIRE / January 10, 2023 / Emergent Health Corp. (OTC PINK:EMGE), a curator, developer and marketer of products in the Regenerative Health Space announced today that it intends to retain an independent certified public accountant to audit Emergents financial statements in accordance with Securities and Exchange Commission ("SEC") Generally Accepted Accounting Principles ("GAAP") and an experienced Securities Attorney to prepare and file either Form 10 or Form S-1 Registration Statement with the SEC to become a fully reporting SEC Company subject to the filing requirements of Section 15(d) of the Securities Exchange Act of 1934. This action is fundamental to the Company's efforts to demonstrate heightened transparency to its investors and bring the Company greater visibility and credibility before a substantially larger group of qualified investors. The Company hopes to file either Form 10 or Form S-1 during the 3rd quarter of 2023.

Additionally, Emergent is planning to up-list to the OTCQB. In order to qualify for listing, Emergent must (1) have audited annual financials by a PCAOB auditor (2) meet minimum bid price test of $0.01 per share (3) not be in bankruptcy (4) have at least 50 Beneficial Shareholders, each owning at least 100 shares and (5A) have a freely traded Public Float of at least 10% of the total issued and outstanding shares or (5B) have a freely traded Public Float of at least 5% and $2 million in market value of public float. The Company hopes to file for listing on the OTCQB also during the 3rd quarter of 2023.

Jim Morrison, Former President of L'Oréal and current CEO of Emergent stated "We believe we're developing a business model deserving a stronger presence in the financial markets. Since I became CEO in August 2022, we've had consecutive strong revenue gains quarter-to-quarter and increased our market share with the plan to pick up the pace and continue. We're now poised and ready to become a fully reporting SEC Company. Our continued growth, transparency by audit and the requirements set forth as a fully-reporting SEC company, sets the stage for significant opportunities for Emergent Health and its shareholders."