Aristocrat Group Corporation (OTC: ASCC) (“ASCC” or the “Company”) today announced that it has entered into an agreement with Reveille Capital, LLC to assist the Company in preparing for an upcoming independent audit and advancing its planned pursuit of an uplisting to the OTCQB Venture Market.
Under the engagement, the team at Reveille Capital will work alongside ASCC management to help prepare the Company for the independent audit process, organize and strengthen financial reporting procedures and documentation, and support the corporate and financial readiness initiatives associated with the Company’s intended OTCQB application.
The engagement represents an important step in ASCC’s broader strategy to strengthen its public-company infrastructure, increase transparency for shareholders and position the Company for its next phase of growth.
“Engaging Reveille Capital is an important step forward for Aristocrat Group Corporation,” said Derek Sisson, CEO of Aristocrat Group Corporation. “We have been focused on building the operating side of the Company and expanding our brands. At the same time, we recognize the importance of building the financial reporting and corporate infrastructure necessary to support that growth. Preparing for an independent audit and pursuing an OTCQB uplisting are significant milestones in that strategy.”
Sisson continued, “Our objective is to build ASCC for the long term. We believe greater transparency, stronger financial reporting and a higher level of public-market readiness can help us broaden our exposure to the investment community as we continue executing our growth strategy. We are pleased to have the team at Reveille Capital working alongside us as we take these important next steps.”
Strengthening ASCC’s Public-Market Foundation
Management views the planned independent audit and pursuit of an OTCQB uplisting as part of a broader effort to position ASCC for its next stage of corporate development.
The Company continues to focus on expanding its beverage portfolio, growing distribution and retail relationships, and building long-term shareholder value. In parallel with those operating initiatives, ASCC intends to continue strengthening its financial reporting, disclosure practices and corporate infrastructure.
The Company expects to provide shareholders with additional updates as material milestones related to the independent audit and OTCQB qualification process are achieved.
About Aristocrat Group Corporation
Aristocrat Group Corporation (OTC: ASCC) is a brand development company focused on building and scaling beverage brands. The Company is focused on expanding distribution, strengthening retail partnerships, developing its portfolio of American beverage brands and creating long-term value for shareholders.
About Reveille Capital, LLC
Reveille Capital, LLC is a Texas-based firm providing advisory and support services to companies pursuing corporate finance, financial reporting and public-market initiatives. The team at Reveille Capital works with management to assist with the preparation, documentation and processes associated with corporate and capital-market objectives.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of applicable securities laws. These statements include, but are not limited to, statements concerning the Company’s anticipated independent audit, its preparation for and pursuit of an OTCQB market upgrade, anticipated improvements to financial reporting and corporate infrastructure, and the Company’s future growth strategy.
Forward-looking statements are based on current expectations and assumptions and involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied. There can be no assurance that the independent audit will be completed within any particular timeframe, that Aristocrat Group Corporation will satisfy all applicable requirements for OTCQB qualification, or that an application for an OTCQB market upgrade will ultimately be approved.
The Company undertakes no obligation to update or revise forward-looking statements except as required by applicable law.
Investor & Media Contact
Aristocrat Group Corporation
Email: info@aristocratgrp.com
Website: aristocratgrp.com