Company furthers its
corporate mission, aiming to expand brand reach and shareholder
communications
HOUSTON, TX -- March 6, 2024 -- InvestorsHub NewsWire
-- PickleJar Entertainment Group (OTC:NREG f/k/a NewRegen, Inc.), a leading
Texas-based music and entertainment software company, is pleased to
announce the successful completion of a two-year audit under PCAOB
standards for the year ended December 31, 2022 and for the period
from inception through December 31, 2021. The audit was conducted
by Fruci & Associates (“Fruci”), an Independent PCAOB
registered Public Accounting Firm known for its expertise in
accounting and auditing. Additionally, the Company is in the
application process for name and ticker change with FINRA (the
"Financial Industry Regulatory Authority" corporation).
"I am immensely proud of our team and the associates at Fruci
who have continuously worked together over the past months in
getting the audit completed. Throughout this process, the PickleJar
executive team has continued to work diligently behind the scenes
to drive our business forward, advance our technology footing in
our core lines of business and develop new opportunities and
partners,” said Jeff James, PickleJar’s chief executive
officer.
The completion of the audit is a significant milestone for
PickleJar as it emphasizes the company's commitment to corporate
governance, the highest accounting standards, and transparency to
its shareholders. The primary purpose of the audit was to pave the
way for PickleJar to strategize its process and timing for
expanding both capital partners and attracting a larger shareholder
base. The Management team continues to perform due diligence on
planned acquisitions, execute on the core lines of business, and
work with institutional investors and advisors to finance growth
plans for 2024. The Company’s 2024 audit is already underway with
the goal of achieving fully reporting status; PickleJar has adopted
NREG’s fiscal year of January 31.
Additionally, the corporate action of the name change represents
the new chapter for the company as it allows the new name,
PickleJar Entertainment Group, and ticker to shed any connection to
the prior business entity, which had nothing to do with the
Company’s current and future focus. The PickleJar Management
believes the move is a watershed event and will eliminate confusion
among existing and future stakeholders.
“We will continue our transparency with our Shareholders and
look forward to the next steps of our name change with FINRA to
better reflect the true value of our Company to the market,” James
continued. “I would like to thank our shareholders for their
patience through this process and continued support which means so
much to the entire PickleJar team.”
For more information about the Company
visit:
Our OTC Markets Profile: https://www.otcmarkets.com/stock/NREG/overview
Our website is: https://picklejar.com or https://investors.picklejar.com
Our Twitter account is: https://twitter.com/picklejarlive
ABOUT PICKLEJAR ENTERTAINMENT GROUP
PickleJar unlocks the potential of shared entertainment
experiences through an integrated suite of software and services
designed to inspire human creativity and enrich lives. Developed
for the era of social commerce, we continuously work to advance
tools to unify the touchpoints of Fan engagement with emerging
Artists, mid-sized venues, and global brands. By embedding secure
payment technology, data intelligence and content distribution,
PickleJar’s innovative Artist promotion programs, Venue Managed
Services and wide range of mobile apps create a 360° view of how
Fans and Patrons connect with the music and moments that matter
most.
Information about Forward-Looking Statements
This press release contains “forward-looking statements” that
include statements regarding expected financial performance and
growth information relating to future events. Forward-looking
statements include statements with respect to beliefs, plans,
objectives, goals, expectations, anticipations, assumptions,
estimates, intentions, and future performance, and involve known
and unknown risks, uncertainties and other factors, which may be
beyond the control of the Company and its officers and managers,
and which may cause actual results, performance or achievements to
be materially different from future results, performance or
achievements expressed or implied by such forward-looking
statements. Forward-looking statements should not be read as a
guarantee of future performance or results and will not necessarily
be accurate indications of the times at, or by which, that
performance or those results will be achieved. Forward-looking
statements are based on information available at the time they are
made and/or management’s good faith belief as of that time with
respect to future events and are subject to risks and uncertainties
that could cause actual performance or results to differ materially
from those expressed in, or suggested by, the forward-looking
statements. Important factors that could cause these differences
include, but are not limited to; inability to gain or maintain
licenses, reliance on unaudited statements, the Company’s need for
additional funding, governmental regulation of the cannabis
industry, the impact of competitive products and pricing, the
demand for the Company’s products, and other risks that are
detailed from time-to-time in the Company’s filings with the United
States Securities and Exchange Commission. All statements other
than statements of historical fact are statements that could be
forward-looking statements. You can typically identify these
forward-looking statements through use of words such as “may,”
“will,” “can” “anticipate,” “assume,” “should,” “indicate,”
“would,” “believe,” “contemplate,” “expect,” “seek,” “estimate,”
“continue,” “plan,” “point to,” “project,” “predict,” “could,”
“intend,” “target,” “potential,” and other similar words and
expressions of the future. PickleJar expresses its expectations,
beliefs and projections in good faith and believes that its
expectations reflected in these forward-looking statements are
based on reasonable assumptions. However, there is no assurance
that these expectations, beliefs and projections will prove to have
been correct. Such statements reflect the current views of
PickleJar with respect to its operations and future events, and are
subject to certain risks, uncertainties and assumptions relating to
its proposed operations, including the risk factors set forth
herein. Should one or more of these risks or uncertainties
materialize or should the underlying assumptions prove incorrect,
PickleJar actual results may vary significantly from those
intended, anticipated, believed, estimated, expected or planned. In
light of these risks, uncertainties and assumptions, any favorable
forward-looking events discussed herein might not be realized and
occur. PickleJar undertakes no obligation to publicly update or
revise its forward-looking statements, whether as a result of new
information, future events or otherwise. For a more detailed
description of the risk factors and uncertainties affecting
PickleJar (NREG), please refer to PickleJar recent Securities and
Exchange Commission filings, which are available at www.sec.gov.
Anna Benson
3372077103
anna@picklejar.com
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