As stated in the CEO letter the estimates are conservative. The company did $90k in revenues for December alone, assuming no revenue growth it would still be $90k x 12mos = $1,080,000 in revenue for 2019. The company forecast of $1.5m - $2m in revenues for 2019 is only assuming 50%-100% revenue growth rate increase from December's numbers; both conservative and easy to achieve given the recent 400+% sequential quarterly growth rate. The math is easy and the projections are indeed conservative.
As for the Up-list, the company has obviously been extremely busy growing it's sales, as investors should want. This has left little extra time to complete the Audit/Up-list. Recognizing this, they have a new hire to take on the task of completing it.
Mrs. Motta will be managing the Company’s books and completing our 2017 audit and our future audits as we move to the OTCQB market tier.
With someone dedicated full time to the task I expect to see it progress rather quickly.
The current chart consolidation is providing a great opportunity for those knowledgeable enough to take advantage of it.