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Wednesday, May 08, 2024 5:30:39 PM
Where shall I start? Well, I'll address the audit that was done. In case you didn't realize it, set off a chain of events which made the Form 10 filing mandatory, which the company obviously knew would happen when they used the auditor they did.
The OTCM would be required to report this filing to the SEC as the company with audited assets now is above the threshold for being Penney Stock exempt".
Now what should also be noted is the Auditor that was used is a former PARTNER at Price Waterhouse Cooper and is obviously fully aware of the PCAOB standards and would prepare the Audit and preserve the data necessary to expedite the process of a POCOB Auditor to complete expeditiously.
The Audit also did another import thing. It proved no dilution and no fraud on the company's part reguarding the initial accusation of a pump n dump as indicated in the filings.
There have been no conversion or dilution period.
Now on to the fear mongering going on with current selling. What are are likely seeing is a forced exit of a shareholder, possibly tied to the root cause of the implementation of the CE. The Article, or did we get sidetracked from what the filings said with all the noise of the Order causing the CE?
The ARTICLE is and has always been the root cause amd is likely being addressed by the proper authorities as the company has definitively proved no wrongdoing on their part.
There WILL be a form 10 filing accompanied by the required audits. You can bet on that.
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