Cannabis Strategic Ventures Engages L&L CPA's to Bring Company to Fully Reporting Status and Possible Uplisting
January 16 2018 - 6:30AM
InvestorsHub NewsWire
Cannabis Strategic Ventures
Engages L&L CPA’s to Bring Company to Fully Reporting Status
and Possible Uplisting
Los Angeles, CA -- January 16, 2018 -- InvestorsHub NewsWire --
Cannabis Strategic Ventures, Inc. (OTC Pink:
NUGS) today announces the engagement of L&L CPAs, PA as its
independent audit firm. The firm will conduct a full audit
and will assist in bringing the Company up to fully reporting
status with the U.S. Securities & Exchange Commission.
“Full transparency is important to our investors and the rest of
the investment community. We want to make sure that our investors
are well-informed” commented Simon Yu, CEO. “With L&L
CPAs’ experience, we are excited and confident that they will
complete our audits in a timely manner. As a fully reporting
company, we are almost certain that this will bring additional
liquidity and attract more investors.”
Cannabis Strategic is also planning an uplisting of the Company’s
stock trading venue. Once the audit is completed, the Company
will have a better idea which stock exchange is most appropriate
for the Company. Mr. Yu continued, "With the completion
of the audit, we will soon qualify to move the trading of our
common shares to a new venue, which will further improve liquidity
and open the Company up to new sources of funds to reduce our
overall cost of capital. It’s a goal we are working hard to
obtain and we are already taking meaningful steps toward
achievement.”
L&L CPAs, PA is
registered with the PCAOB and is experienced in conducting audits
of public companies in the cannabis industry. Completing this audit
will help ensure the accuracy and completeness of the Company's
financial information.
Abut Cannabis Strategic Ventures
Cannabis Strategic Ventures is based in Los Angeles and
is focused on supporting entrepreneurial growth within the
fast-growing legal cannabis sector. We help business owners launch
their dreams. The Company, recently completed a name and symbol
change from Cascade Energy, Inc. Cannabis Strategic Ventures
offers outsourced personnel solutions that are tailor made to match
the growth dynamics of cannabis cultivators, manufacturers,
dispensaries, and other cannabis marketplace participants. Cannabis
Strategic Ventures is publically traded on the U.S. Over the
Counter Market with the stock symbol NUGS.
FORWARD-LOOKING STATEMENTS: This release contains "forward-looking
statements" within the meaning of the safe harbor provisions of the
U.S. Private Securities Litigation Reform Act of 1995.
Forward-looking statements also may be included in other publicly
available documents issued by the Company and in oral statements
made by our officers and representatives from time to time. These
forward- looking statements are intended to provide management's
current expectations or plans for our future operating and
financial performance, based on assumptions currently believed to
be valid. They can be identified by the use of words such as
"anticipate," "intend," "plan," "goal," "seek," "believe,"
"project," "estimate," "expect," "strategy," "future," "likely,"
"may," "should," "would," "could," "will" and other words of
similar meaning in connection with a discussion of future operating
or financial performance.
Examples of forward looking statements include, among others,
statements relating to future sales, earnings, cash flows, results
of operations, uses of cash and other measures of financial
performance.
Because forward-looking statements relate to the future, they are
subject to inherent risks, uncertainties and other factors that may
cause the Company's actual results and financial condition to
differ materially from those expressed or implied in the forward-
looking statements. Such risks, uncertainties and other factors
include, among others such as, but not limited to economic
conditions, changes in the laws or regulations, demand for products
and services of the company, the effects of competition and other
factors that could cause actual results to differ materially from
those projected or represented in the forward looking
statements.
Any forward-looking information provided in this release should be
considered with these factors in mind. We assume no obligation to
update any forward-looking statements contained in this report.
Contact:
Phone:+1-310-359-6860
Email: info@cannabisstrategic.com
Website: http://www.cannabisstrategic.com
SOURCE: Cannabis Strategic Ventures, Inc.
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