Trustfeed (OTC:HEMED) (the Company), a big data company operating Trustfeed.com announce that it engaged the auditor company Gries & Associates, LLC a PCAOB registered auditing firm to perform an audit of the company's financial statements. Upon the completion of the audit, the Company intends to file a registration statement to become a fully reporting company with the Securities and Exchange Commission (SEC).
Gries & Associates, LLC has extensive experience working with quoted companies and will commence working on the Company's audit immediately.
R. Refer, CEO stated, "This is a major and long-awaited milestone. Completing our audit and becoming SEC reporting will vastly improve our liquidity potential by greatly expanding the universe of our potential investors ranging from retail and accredited to institutional investors.”
Trustfeed Corp will change its ticker from HEMED to TRFE. This will happen within a few weeks.
PCAOB Audit Definition:
The Public Company Accounting Oversight Board (also known as the PCAOB) is a private-sector, nonprofit corporation created by the Sarbanes-Oxley Act of 2002 to oversee accounting professionals who provide independent audit reports for publicly traded companies. The PCAOB seeks to establish and maintain high quality auditing and related professional practice standards for audits of public companies, other issuers, and broker-dealers in support of its mission to protect investors and further the public interest in the preparation of informative, accurate, and independent audit reports.
About Trustfeed Corp
Trustfeed is a review portal challenger with company ratings and consumer reviews. The Trustfeed service allows businesses to claim or create a basic profile for free, however it’s possible to purchase a Trustfeed promotion package. Trustfeed aim to help businesses create brand awareness, get endorsement of their products and services and have a feedback loop for product improvement. The company believes its solution is win for B2B and B2C buyers who can put their faith in company profiles and reviews of products.
Safe Harbor Statement
This press release may include forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements related to anticipated revenues, expenses, earnings, operating cash flows, the outlook for markets, and the demand for products. Forward-looking statements are no guarantee of future performance and are inherently subject to uncertainties and other factors which could cause actual results to differ materially from the forward-looking statements. Such statements are based upon, among other things, assumptions made by, and information currently available to, management, including management's own knowledge and assessment of the Company's industry and competition. The Company assumes no duty to update its forward-looking statements.
CONTACT:
Trustfeed Corp
Rasmus Refer
RL@trustfeed.com
www.trustfeed.com
SOURCE: Trustfeed Corp