Business
Fastbase, Inc. (FBSE) Announces Plan to File Form 10 Registration Statement with SEC
Fastbase, Inc. (FBSE) Announces Plan to File Form 10 Registration Statement with SEC.
About this update from Universal New Energy Holding Group, Inc.
[{"type":"text","content":"\n\n\n\nFastbase, Inc. (FBSE) Announces Plan to File Form 10 Registration Statement with SEC\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nFastbase, Inc. (FBSE) Announces Plan to File Form 10 Registration Statement with SEC\nPR Newswire\nNEW YORK, May 10, 2023\n\n\n\nNEW YORK, May 10, 2023 /PRNewswire/ -- Fastbase, Inc. (OTC: FBSE) announced today that its legal counsel has finalized the Form10  – General Form of Registration of Securities in order for its subsidiary, Trustfeed Corp. (OTC: TRFE), to become fully reporting with the United States Securities and Exchange Commission (\"SEC\").  Trustfeed expects filing the Form10 with SEC in the coming days.\n\n \n \n \n \n \n \n\n \nRasmus Refer, CEO, Fastbase stated, \"The planned Form 10 filing will provide investors with detailed information about Trustfeed, including an overview of its business strategies, risk factors, as well as audited financial statements.  We believe that this next step is fundamental to Trustfeed's efforts to provide transparency to shareholders and to bring additional focus upon Trustfeed from a large group of qualified investors and acquisition candidates.\"\nMr. Refer added, \"With Fastbase being the majority shareholder of Trustfeed, Trustfeed attaining fully-reporting status is in line with the plans of both Fastbase and Trustfeed to pursue significant acquisitions in 2023.  Both companies plan to do stock-based acquisitions to improve revenues, strengthen market position, and create shareholder value. The growth of Trustfeed through any future acquisitions directly benefits Fastbase and its shareholders through the revenue stream generated by Trustfeed. We are already in communication with partners in the merger and acquisition sector.\"\nOnce the Form 10 is declared effective, Trustfeed will be required to meet SEC reporting requirements of filing quarterly reports on Form 10-Q and annual reports on Form 10-K, including audited financial statements, along with current reports on Form 8-K, in addition to complying with all other obligations under the Exchange Act ...