CHRON Announces Form 10 Filing Effective Date, Making the
Company Fully Reporting with the SEC under the Exchange Act of
1934
DALLAS, TXJune 20, 2017)The Chron Organization, Inc. (OTC Pink:
CHRO) announced today its Form 10 Registration Statement
registering its Class A Common Stock as filed with the U.S.
Securities and Exchange Commission (SEC) has become effective as of
June 20, 2017. Following the effective date, CHRO will be subject
to the reporting requirements of the Exchange Act of 1934, as
amended. This means the Company will be begin filing annual reports
with the SEC on Form 10-K, quarterly reports on Form 10-Q, periodic
reports on Form 8-K and subject itself to additional reporting
obligations related to proxies, shareholder actions and stock
ownership rules.
The Form 10 the Company filed with the SEC provides information
on its current and planned operations, developments and
acquisition, including its key operating subsidiaries Zen
Technologies, Inc. and Zen Energy, Inc. CHRONs SEC reports can be
viewed by clicking the following link: https://www.otcmarkets.com/stock/CHRO/filings.
CHRON President, Alex Rodriguez, said, One of our primary goals
entering this year was to become a fully reporting company with the
SEC to position us to raise additional capital and seek listing on
a national stock exchange or quotation platform. With the first
milestoneour Form 10 filingnow complete, CHRON is moving towards
fulfilling these goals. Following this achievement, we now intend
to file an application for quotation of our Class A Common Stock on
the OTCQB tier of the OTC Markets Group, Inc. subject to completion
of the applicable uplisting requirements. Our Class A Common Stock
is currently quoted on the OTC Pink tier.
CHRON Chairman, Byron Young, added, After spending the greater
part of 2016 and the first two quarters of 2017 incubating and
laying the foundation for our retail smart home technologies and
planned retail electric energy businesses, we hope to begin
generating revenues, complete our planned acquisition, and continue
to grow our current and planned business. We are excited about our
prospects and look forward to maximizing the value of our company
for our shareholders in the years to come.
To see the full chronicles of the Companys journey to date,
please visit the Press Release and the Corporate Blog sections on
its corporate website at www.chronorganization.com.
ABOUT THE CHRON ORGANIZATION, INC.
The Chron Organization, Inc. (OTC Pink: CHRO), founded and
envisioned by Mr. Byron Young and Mr. Alex Rodriguez, operates on a
business model built around the philosophy that smart home services
such as automation and video safety, the Internet of Things (IoT),
energy conservation, and overall responsible decision making that
supports sustainability are burgeoning trends. Combined, these are
creating two megatrends known as the Internet of Everything and the
Smart Home. Towards making our claim in this emerging industry, we
have built a Smart Services platform and have plans to launch a
Retail Energy Platform that when combined are expected to position
us to become a provider of a unique suite of products and services
to both residential and commercial customers. To learn more about
CHRON, visit the companys corporate website at www.chronorganization.com.
FORWARD-LOOKING STATEMENTS
This news release contains statements that involve expectations,
plans or intentions (such as those relating to future business or
financial results) and other factors discussed from time to time in
our Securities and Exchange Commission filings. These statements
are forward-looking and are subject to risks and uncertainties, so
actual results may vary materially. You can identify these
forward-looking statements by words such as "may," "should,"
"expect," "anticipate," "believe," "estimate," "intend," "plan" and
other similar expressions. Our actual results could differ
materially from those anticipated in these forward-looking
statements as a result of certain factors not within the control of
the company. The company cautions readers not to place undue
reliance on any such forward-looking statements, which speak only
as of the date made. The company disclaims any obligation
subsequently to revise any forward-looking statements to reflect
events or circumstances after the date of such statements or to
reflect the occurrence of anticipated or unanticipated events.
INVESTORS & MEDIA CONTACT:
Email: investors@chronorganization.com
Phone: (469) 626-5275
Fax: (469) 626-5101