Well a bonus 3 replies for those that care to hear. So Chris...are you still with us??? Would be nice if you are.... to pay Orie a visit face to face and verify for all on this info. if you would...just a thought. Leave all weapons home. :)) "Yes, first draft with audited numbers was just reviewed. As it turns out the auditing firm by law cannot draft the numbers into the S1 – I had to hire a 3rd party accounting firm to do this….
We are getting there. "No other company is involved. We stopped all communication with the other company who refused to pay for the process. It is all us. We are doing a spin off of a sub and then bring in the shareholders to the sub. Gives us better control of the future of the company. "
"The sub is one of COHO 3 subs we had – the smallest one in the IT field which we audited and spin off by filing the S1. Once it is spun off and it is a stand-alone trading audited company then we bring in the shareholders of COHO into that entity by switching shares – the old COHO share for shares in the new entity. The new entity should have a much better value since it will be an audited business concern."
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