News Focus
News Focus
Followers 127
Posts 996
Boards Moderated 0
Alias Born 08/02/2009

Re: bronen post# 3672

Wednesday, 01/11/2012 11:04:03 AM

Wednesday, January 11, 2012 11:04:03 AM

Post# of 4040
That is EXACTLY what has been happening. I agree with you, we want it to be done RIGHT!!

That is exactly why before they would just go out and change the ticker and the name, they FOCUSED on getting the audits completed.

This was a very complicated and long drawn out job. Part of Nissi's purchase price in this merger and buying of the shell was to pay off some of the OLD company's debts (Monkey Rock) At first the old company auditor was not releasing the needed papers and info Nissi wanted to do an audit. The OLD auditor had to be paid any outstanding amounts he was owed from the old company. Nissi did this!! Getting all this old paper work took a good amount time.

Also there was information missing which the management of the OLD company had to assist with. Also the paper work was very much not in order. But over time with accountants, financial consultants, old management, Nissi management and several lawyers involved, this phase appears over with. This all took a long amount of time. More than was first imagined I would say.

Now Nissi knows what they are fully getting in the merger. No hidden surprises. Now new investors will know what Nissi has-being completly audited. Larger institutional investors can invest in a transparent company! These funds will be available with all audits completed! NOW when the financials get put up to date WILL be the right time to apply for a name and ticker change to MKRO!!





GOLD VALUES GOING UP!!! YEAR AFTER YEAR AFTER YEAR!!!

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today