Yes, we are diligently working on it. The audit work should resume this month or early september as we opine that Pandemic is almost peaking out. By the september ending we should therefore be regularizing our financial filings including and until August 31 2020 Quarter and also be able to realize cash flows that we declared as recognized and accrued on the June 15, 2020. If things go as planned, we are proposing to forward split on Oct 1 2020 and raise capital from our strategic investor group post diluted (30-1) in the amount of $720 Million.
This message may contain forward looking statements and readers of this note should follow caution and prudence in relying upon assertions made in these remarks and in making any investment judgments. Investment is at material risk and any delays in regularizing and realizing cash flows on income recognized as accrued or capital may seriously impede the business of the company materially causing severe loss to the investors relying upon these forward looking statements.
Our response is based on our current business adoption in true sense of it but many factors beyond our control may seriously impact our intent to regularize the filings.
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