skichic
3 years ago
Strange to see AWWIโs run today. RS coming according to terms of the merger. This is taken from their last Q. Careful here!
Everhome Realty, Inc., a Nevada corporation (FKA Alpha Wastewater, Inc.)(โEverhome NVโ or the โCompanyโ) entered into a share exchange with Everhome Realty, Inc., a Delaware corporation (โEverhome DEโ) on July 16, 2021 and changed its name to Everhome Realty, Inc., Everhome is in the process of preparing its financial reporting and statements to and reporting systems to be USGAAP compliant and in preparation to undergo a PCAOB audit. Under the terms of the share exchange agreement a reverse stock split was required as well as a name change and trading symbol change- these items are described further in the supplement that was posted in July of 2021 and are the subject of a Finical Industry Regulatory Authority (โFINRAโ) corporate action notification filed with FINRA thereafter. The financial statements attached hereto have not been adjusted for the reverse stock split or rounding, nor do they reflect the issuance of new shares under the Everhome share exchange agreement . Only Everhome NVโs operations are included and they do not contain any of EverhomeDEโs operations. While its preference was to file consolidated financial statements the Company opted to file EverhomeNVโs Disclosure and Financial Statements and then to file consolidated financial statements that incorporate the EverhomeDE operations as quickly as possible however, the share exchange and reverse stock split will have a significant impact on them and remain under review with FINRA. Unless required sooner, the Company will continue to trade on a pre exchange pre split basis until FINRA provides its approval to announce these actions.