PSYC Engages Auditing Firm for Audit of 2020 Financials
June 21 2021 - 8:30AM
InvestorsHub NewsWire
PSYC Engages Auditing Firm for Audit of 2020
Financials
LAKE OSWEGO,OR
-- June 21, 2021 -- InvestorsHub NewsWire -- Global Trac Solutions,
Inc. (OTCPink:
PSYC) (“Global” “PSYC” or the “Company”) a leading publicly
traded digital media company within the emerging sector of
medicinal psychedelics, is pleased to announce that it has engaged
the services of M&K CPAS PLLC (“M&K”), a full service CPA
firm based in Houston, TX, with the intent of bringing the
Company’s audited financials current up through December 31,
2020.
Over the next
several weeks, the Company plans to work in collaboration with
M&K and the Company’s accounting firm, SGT Enterprises, Inc.,
to conduct a full audit of its 2020 financials. Previously, the
Company filed 2017, 2018, and 2019 audited annual financials as
well as its quarterly reports, in addition to unaudited 2020 annual
financials as well as the initial quarterly report for
2021.
“Ensuring that
PSYC is primed and ready to capitalize on every potential
value-driven opportunity we may encounter as we continue to immerse
ourselves further within the medicinal psychedelics industry is,
without question, a top priority of mine,” Said Global Trac
Solutions, Inc. CEO, David Flores. “And though nothing at this time
is definitive and there can be no assurances of the completion of
any filing, I recognize the importance in keeping ourselves as
prepared as possible to file our Form 10 registration statement
which will make us a reporting company pursuant to the Securities
Exchange Act of 1934, a core focus of our business
strategy.”
“In my opinion,
having our 2017, 2018 and 2019 financials already audited places us
in a rather advantageous position and one that I believe is
especially unique for a Pink Sheet company,” Flores continued. “My
intent in providing our audited annual financials (in place
of the current unaudited annual financials) for the year
ended 2020 is to enhance the full and fair disclosure of
information regarding our Company as well as proceed with the
implementation of our strategy of becoming a reporting
company while simultaneously continuing to strengthen our
position as a public company in what I believe is becoming one of
the most exciting and opportunity-filled industries
today.”
The Company
intends to keep its shareholders apprised of its progress with the
audit of its year end 2020 annual
financials.
About Global Trac Solutions, Inc.
(OTCPink:
PSYC)
At Global Trac Solutions we are
integrating media, creativity, and technology to develop and deploy
thought-provoking ideas and solutions that are fostering and
transforming the approach to some of society’s most pressing
matters.
PSYC has expressed its intent and
commitment to positioning itself at the forefront of the
psychedelic revolution and as a resource center for discovering and
understanding the latest research and business opportunities
surrounding psychedelic inspired medicines. In conjunction with the
FDA’s more open-minded approach to psychedelic medicines, and as
several major U.S. cities continue to approve the decriminalization
of psilocybin, investors are speculating that the psychedelic boom
could be bigger than that of cannabis. PSYC is your source for
current investment related news specific to psychedelic medicines
and cutting-edge research improving overall health, moving this
sector into the mainstream.
We believe in a forward-thinking
approach that embraces groundbreaking new technology and
innovations and through the vision of business development we
intend to continue to evolve into these unchartered territories as
the industry leaders of the future. We truly are the right TRAC to
follow.
Forward-Looking Statements
Disclaimer:
This press release contains
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. In some cases, you can
identify forward-looking statements by the following words:
"anticipate," "believe," "continue," "could," "estimate," "expect,"
"intend," "may," "ongoing," "plan," "potential," "predict,"
"project," "should," "will," "would," or the negative of these
terms or other comparable terminology, although not all
forward-looking statements contain these words. Forward-looking
statements are not a guarantee of future performance or results and
will not necessarily be accurate indications of the times at, or
by, which such performance or results will be achieved.
Forward-looking statements are based on information available at
the time the statements are made and involve known and unknown
risks, uncertainty and other factors, including the effect of
COVID-19 and the success of the current vaccine distribution, that
may cause our results, levels of activity, performance or
achievements to be materially different from the information
expressed or implied by the forward-looking statements in this
press release. This press release should be considered in light of
all filings of the Company that are disclosed on the OTC
Markets.com website.
Disclaimer: Global Trac
Solutions, Inc. does not in any way encourage or condone the use,
purchase, sale or transfer of any illegal substances, nor do we
encourage or condone partaking in any unlawful activities. We
support a harm reduction approach for the purpose of education and
promoting individual and public safety. If you are choosing to use
psychedelic substances, please do so
responsibly.
Corporate
Contact:
Global Trac Solutions, Inc.
(PSYC)
www.globaltracsolutions.com
(702) 239-1919
psyc@globaltracsolutions.com
OTCPINK:
PSYC
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