LA JOLLA, California, September 14, 2017 /PRNewswire/ --
AV1 Group, Inc. (OTC Pink: AVOP), a publicly-traded investment and holding company, today announced that it has initiated an uplist process to the OTCQB since posting its audited financial statements for year end December 31, 2016.
Bryen Beglinger, President and CEO, stated, "The Company is excited about this improvement in its market categorization as it relates directly to the improvement in our management and in our level of financial and corporate disclosure to our shareholders. We have worked toward this for some time now and this uplisting will demonstrate our commitment to shareholders and in building a solid company with great progress on the way. Our current and future shareholders should all be very pleased with this milestone development for the Company."
Mr. Beglinger, commented further, "Becoming fully-audited was among the most significant steps towards moving to a senior exchange. All material adjustments are now reflected according to PCAOB auditing standards. For investors, these plans promise more Company transparency. That same transparency will allow us to graduate to higher markets and in this way increase the Company's visibility among the investing public."
The Company's stock has been trading on the OTC Markets under the "Current Information" tier of the OTC Pinks, providing current and adequate financial statements and corporate reports on a quarterly and annual basis. In 2016, the Company retained Haskell & White, CPA, a certified public accounting firm based in California and registered with the PCAOB (Public Company Accounting Oversight Board), to perform the 2016 audit.
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About AV1 Group, Inc.:
AV1 Group, Inc. is a publicly traded investment and holding company established to identify, secure, and monetize emerging growth companies, technologies and ecommerce businesses positioned for exponential growth. The Company seeks to discover inspired entrepreneurs with revolutionary concepts which can make a substantial footprint in markets that the Company believes to have considerable growth potential. AV1 Group, Inc.'s comprehensive business model also includes a division which delivers internally created projects that are poised for revenue generation, and a platform enabling the Company to develop embryonic stage subsidiaries under one umbrella, bringing a spectrum of backgrounds to the table, thus providing a significant resource of experience, knowledge and expertise to every venture. AV1 Group, Inc. explores every opportunity to help each sector exceed their revenue goals while building close, active working relationships; preparing each respective division to be a robust competitor in their chosen markets. For more information, visit: http://www.av1group.com/
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