Form 1-U/A:
On July 29, 2024, Megola, Inc. (the “Company”) filed a Current Report on Form 1-U in which the Company advised it was in the process of addressing final audit inquiries and expected to file its required Annual Report (the “Report”) on Form 1-K on or before August 5, 2024. The Company is filing this Amendment No. 1 to the original Form 1-U in order to update that the final audit closing procedures for each of the Company’s successor and predecessor audit firms are still ongoing as of August 5, 2024, and the Company currently expects to file the Report no later than August 13, 2024, the final filing date permitted under the current Grace Period offered by OTCMarkets to avoid a downgrade to the Expert Market.
OTCMarkets currently reflects a yield sign and a “grace period” moniker on its website with respect to the Company to notify investors of the late filing of this Report. Upon filing of the Report, both the grace period and yield monikers should be removed within twenty-four (24) hours and the Company expects to return to Pink Current Information.
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