This statement right here is why GXXM hired New Accounting Firm.
either directly or indirectly through third-party relationships and strategic affiliations, acts as a Professional Employer Organization (PEO).
"the Corporation’s newly formed, wholly-owned subsidiaries shall be engaged in the following businesses"
(ii) PR345, a designated minority-owned business enterprise consulting firm, shall: (a) provide specialized staffing services for a variety of professional industries including, but not limited to, medical, education, financial services, technology and hospitality, among others; (b) provide specific back office services including accounting, payroll, and a full complement of Human Resource (HR) benefits;
Date of Report (Date of earliest event reported): March 25, 2019 Item 4.01. Changes in Registrant’s Certifying Accountant.
On March 25, 2019, the Board of Directors of GEX Management, Inc (the “Company”) approved the engagement of AJSH &Co LLP (“AJSH”) as the Company’s new independent registered public accounting firm for the year ending December 31, 2018. In connection with the selection of AJSH, the Audit Committee dismissed Heaton & Company, PLLC, dba Pinnacle Accountancy Group of Utah (“Heaton”) as the Company’s independent registered public accounting firm.
AJSH & Co. LLP GXXM New Accounting/Auditing Firm C-7/ 227 SECTOR 7 ROHINI, DELHI 110085 IND 206-353-5736
AJSH & Co. LLP OTC Markets Service Providers
Represent only 2 Companies as Auditors for OTC Stocks? So I don't think accounting is the only reason they are here? NAME CITY COUNTRY SYMBOL TIER GEX Management, Inc. Dallas USA GXXM OTCQB LongFin Corp. Manalapan USA LFIN Pink No Information
Ankit Jain Co-Founder of AJSH & Co LLP & Mercurius Advisory Services Pvt. Ltd.
Ankit is a Bachelors in commerce from Delhi University and a fellow member of Institute of Chartered Accountants of India, New Delhi. He is also certified in IFRS and Forensic Accounting and Fraud Detection. He is the co-founder of the firm. Prior to being associated with AJSH, Ankit worked with the Big 4 Accounting Firms (Pricewaterhouse Coopers India and Canada) and MNCs (American Express, India and Japan). Specialization & Experience
Ankit carries extensive professional experience in various fields of financial advisory including tax and regulatory advisory, transactions advisory, valuations, inbound and outbound investment structuring, accountancy, audit and assurance. His extensive public accounting experience spans for more than 18 years. He has been a member of Technical Committee of ICAI for updating the existing Accounting Standards on the basis of corresponding Indian Accounting standard. His professional experience includes:
Providing transactions support services including investor/ target identification, feasibility analysis, due diligence, valuations, transactions structuring and other support services; Investment advisory services including setting up joint ventures in India, fund raising, transactions structuring as well as entry and exit strategies; Statutory audit of major corporates in industries such as telecom, real estate, finance, infrastructure and aviation; Advising on Indian corporate tax, regulatory matters and international transactions; Assistance in SPAC transactions and Facilitation in Setting up business in India. In addition to above, Ankit is a USGAAP and IFRS expert and has also assisted clients in SEC and SEBI filings.
Siddhartha Havelia Co-Founder of AJSH & Co LLP & Mercurius Advisory Services Pvt. Ltd.
Siddhartha is a Bachelors in commerce from Delhi University and a fellow member of Institute of Chartered Accountants of India, New Delhi. He is also certified in accounting software like QuickBooks, Xero, FreshBooks, Wave, ZohoBooks . He is the co-founder of the firm. Prior to being associated with AJSH, Siddhartha worked with Big 4 Accounting Firms (Pricewaterhouse Coopers India and Grand Thorntan, India) and MNCs (American Express, India).
Specialization & Experience
Siddhartha carries extensive professional experience in drawing business plans, outsourcing financial and accounting processes, viability studies, valuations and due-diligence. He leads the international accounting practice of the firm. He has more than 17 years of work experience. He is a Six Sigma Green Belt certified and has accredited various certificates from all his previous employers for his invaluable contribution to the business processes. He also mentors his teammates by conducting trainings for Accounting Standards, USGAAP and IFRS convergence, deferred taxation, impairment of assets and other technical matters.
His professional experience includes:
Providing support services to foreign clients in drawing business plans and bookkeeping; Assisting clients from US, UK, Australia, Singapore & Canada with their tax filings Foreign investment advisory services; Working with major corporates in industries such as manufacturing, retail, information technology, telecom, real estate, finance and infrastructure; Providing assistance in project financing, private equity; Managing SOX audits, financial & legal due diligence, process reviews and system assurance; and Valuations of tangibles and intangibles. In addition to above, Siddhartha has also provided assistance to corporates in Merger and Acquisitions of companies from value consolidation perspective.
https://www.ajsh.in/team.php
Mercurius Advisory Services Pvt. Ltd. C-7/227, Sector-7 Rohini, New Delhi - 110085, India Phone : +(91)-11 45596689
Mr.Ankit Jain Mobile : +91-98106-61322 Email : ankit@mas.net.in
Mr.Siddhartha Havelia Mobile : +91-98113-25385 Email : siddhartha@mas.net.in
Merger and acquisition are two terms which are often uttered together. But it is very important to know that the two terms are slightly different from the other. When one company takes over another company and establishes itself as a new owner it is called acquisition.
When two firms of the same size and status go ahead to form a single new company it is called merger. In this case both company's stocks are surrendered and new stocks are issued in its place. Acquisitions are more common than mergers nowadays. The main purpose behind merging, selling and buying a company is to create shareholder value.
It is very important to seek professional help before expanding your business through a merger or acquisition. We have a special merger and acquisition team which helps clients with valuation of assets, preparing the business for sale, finding suitable purchasers and negotiating the sale.
Our Team
Ankit Jain www.mas.net.in/ankit-jain.php
Previous Organisations worked with PricewaterhouseCoopers India PricewaterhouseCoopers Canada American Express India American Express Japan
Previous Organisations Grant Thornton PricewaterhouseCoopers American Expres V.K. Puri www.mas.net.in/v-k-puri.php
V.K.Puri is a member of Bar Council of Delhi. He has completed Master of Law and Bachelor of Law from Law Centre I, Delhi University of India. He has also member of Certified Associate of Indian Institute of Bankers (CAIIB).
He has worked Reserve Bank of India, International Banking Division of Oriental Bank of Commerce, Foreign Exchange Department, Central Office (FEDCO) of the Jammu & Kashmir Bank Ltd. for a total period of 16 years. He has been Managing Editor and Author with Nabhi Publications, New Delhi for publications on Export, Import, Law, Finance, Foreign Trade, Customs Excise, Foreign Exchange, Taxation, Service Matters, NGOs etc. for 20 years. He has been an Author and Editor with JBA Publishers.
Kamal Khattar www.mas.net.in/kamal-khattar.php
Kamal has worked with GE Capital International Services, Excel Industries, GE India Industrial, and IBM - Daksh. He has an expert knowledge of Web Knitting Technology (ADWKT), Oracle Financial Applications (11i), SEMS (FoxPro based payroll software) and People Soft. He has vast experience in project implementation and SOX implementation, testing & compliance.
MAS is a team of distinguished chartered accountants, certified public accountants (CPAs), company secretaries, cost accountants, MBA's, lawyers, corporate financial advisors (CFAs) and tax consultants operating from India as well as United States of America. Our team members have prior experience of working with "Big 4 Accounting & Auditing Firms", "Magic Circle Firms", leading Indian law firms and multinational companies. MAS represents a coalition of specialized skills that is geared to offer unparalleled services to its valued clients.
I'm wondering why is MMMM so interested in merging with PR345, is it to take advantage of their "Minority-Owned Business" status?
"The Benefits of Being A Minority-Owned Business. Businesses that are certified as minority-owned can take advantage of special government programs, including increased access to government contracting opportunities that can help them grow quicker.May 16, 2016".
This could be one of several reasons, guess we will find out in due time.
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