The Chron Organization, Inc. Commences Audit for 2014 and 2015 Records
15 June 2016 - 2:00PM
Marketwired
The Chron Organization, Inc. Commences Audit for 2014 and 2015
Records
DALLAS, TX-(Marketwired - Jun 15, 2016) - The Chron
Organization, Inc. (OTC PINK: CHRO), announced today that the
Company has engaged the Plano-based CPA firm, Montgomery Coscia
Greilich LLP ("MCG") to audit its accounting records, along with
other required components for 2014 and 2015. The work shall
encompass all accounting aspects and the related statements of
operations, comprehensive income, stockholders' equity and cash
flows for the years then ended.
For publicly owned companies to be traded on the OTC QB, they
must have a minimum of two years of audited financials and start
reporting with the SEC. The target date for completion of the
Company's comprehensive audits by MCG is September 1st, 2016.
Shortly thereafter, the Company plans on making the necessary
filings to uplist from the OTC PINK to the OTC QB.
CHRON's President, Alex Rodriguez, said, "I cannot even begin to
convey the excitement that I have about this news. It is a
monumental step towards the development and maturation of our
Company. Moreover, we are confident that The Completion of these
audits will put us on the pathway toward uplisting to the
appropriate exchange wherein we can better accommodate our goals to
ultimately move up to a primary stock exchange such as the
NYSE-MKT, NYSE or the NASDAQ."
Byron Young, Chairman of CHRON, added, "We are committed to our
long term goal to increase the value of our stock and these audits
represent a necessary and important step toward that end. This
is consistent with our investor relations strategy; we want to be
fully reporting, fully transparent in all aspects of our
business."
ABOUT THE CHRON ORGANIZATION, INC. The Chron Organization, Inc.
(OTC PINK: CHRO) is a 21st century services company providing
state-of-the-art Smart Home technologies and the next generation in
energy utility services. The Company provides homeowners and
businesses with the latest in security, monitoring and automation
controls enabling homeowners and businesses to have a Smart Home
and a Smart Business at an affordable price. CHRON combines that
with its cloud-based, green energy services, reducing both their
carbon footprint and their monthly energy expense. The Company's
plan is to capture 5% of homeowners, while dramatically reducing
the nation's peak electricity demand. To learn more about Chron
Home Services, please visit the website at
www.chronhomeservices.com.
ABOUT MONTGOMERY COSCIA GREILICH LLP Montgomery Coscia Greilich
LLP (MCG) is a full-service professional accounting firm that
offers traditional accounting services, as well as transaction
advisory, financial advisory, and strategy and management
consulting. Its partners' and professionals' specialized skills,
knowledge, and experience across practice areas and business
sectors, combined with its policy of cross-functional collaboration
and teamwork, allow the firm to approach every client's need with
care, creativity, and efficiency. To learn more about MCG's
services, click here.
FORWARD-LOOKING STATEMENTS This press release may contain
forward-looking statements. The words "believe," "expect,"
"should," "intend," "estimate," "projects," variations of such
words and similar expressions identify forward-looking statements,
but their absence does not mean that a statement is not a
forward-looking statement. These forward-looking statements are
based upon the company's current expectations and are subject to a
number of risks, uncertainties and assumptions. The company
undertakes no obligation to update any forward-looking statements,
whether as a result of new information, future events or otherwise.
Among the important factors that could cause actual results to
differ significantly from those expressed or implied by such
forward-looking statements are risks that are detailed in the
company's filings at www.OTCMarkets.com.
INVESTORS & MEDIA CONTACT: Email:
investors@chronhomeservices.com Phone: (469) 626-5275 Investor
Relations: The Eversull Group, Inc. Jack Eversull President
972-571-1624 214-469-2361 fax jack@theeversullgroup.com