Business
Neon Bloom, Inc. (OTC: NBCO) Returns to Current Information Status with OTC Markets Group
Neon Bloom, Inc. (OTC: NBCO) Returns to Current Information Status with OTC Markets Group.
About this update from Neon Bloom Inc.
[{"type":"text","content":"Company retains Global Business Strategies Inc. and appoints Fred Luke as Secretary and Board memberCOLUMBIA, MD / ACCESSWIRE / July 24, 2023 / Neon Bloom, Inc. (OTC PINK:NBCO), announces that it has completed updating its required disclosure reports and has returned to Current Information status with the OTC Markets Group, resulting in the removal of the "Yield" designation and the return to full compliance with the OTC Markets Group Alternative Reporting Standards.Commenting on the removal of the "Yield" designation and the Company's return to Current Information status, Michael Elzufon, Chairman of Neon Bloom, Inc., stated, "We are pleased to see the Yield designation removed. We've been working closely with Mr. Fred Luke and Global Business Strategies to complete the updating and posting of all the Company's Disclosure Statements together with current Financial Statements on OTCMarkets.com for the Two (2) years ended December 31, 2021 and 2022, and the recent fiscal quarter ended March 31, 2023."I believe this will not only instill confidence with our current shareholders", said Mr. Elzufon, "but should attract other investors and sources of working capital. And, in the process of updating the Company's Disclosure Statements and financials, we've also completed a minor restructuring which will allow us to continue forward as a holding company with investments in healthcare, technology, financial services, and emerging markets.""As part of our restructuring", said Mr. Elzufon, "we appointed Fred Luke to serve as our Secretary and as a member of our Board of Directors. Mr. Luke has a storied career of success: over the past 40 years he has served as an executive, director, officer, investor and as an advisor to numerous public companies, and his experience, combined with his robust day to day performance, will bode well for our company and its shareholders."The Company's historical focus has been in the health & wellness space through the Company's subsidiary, Bazelet Health Systems Inc., which has developed PECSA™, a patent pending cannabis plant-based ingredient for the food, drug and cosmetic industries.About Neon Bloom:Neon Bloom, Inc. (OTC: NBCO) is a holding company for investments in healthcare, financial services and businesses in synergistic in...