InvestorsHub Logo

Magnum7419

02/23/19 10:52 PM

#7 RE: Magnum7419 #6

February 19 at 9:32 AM ·
"Due to the nature of this deal we had to search out and vet a local auditor in order to do an on-site audit of the Cigawatt financials as well as hard lined inventory. This posed an unusual long weekend making contact with auditors in and around the Kansas City area. We were able to find small handful of them, and one by one weeded through them for various estimates including their timeframe to complete, cost to conduct, or even their ability to work with an OTC company’s audit.

We are glad to announce that we have found one that is going to work out for our situation and will be able to get the audit completed within the 75 day timeframe required after soft closing is filed. To accommodate the auditor, we have set the close at the March 1st, 2019 date. We have reached a new phase here and we thank all our loyal shareholders for their support during this process and look forward to announcing and welcoming the new Cigawatt management team."