BioStem Technologies Inc. (OTC PINK: BSEM) Announces Audit Process and Uplisting Plans to the OTCQX Market
April 06 2017 - 10:28AM
Marketwired
OAKLAND PARK, FL-(Marketwired - Apr 6, 2017) - BioStem
Technologies Inc. (OTC PINK: BSEM) ("BioStem Tech" or the
"Company"), an emerging International Biotechnology company,
engaged D. Brooks and Associates CPA's, P.A. as their PCAOB
registered certified public auditing firm.
As BSEM transitions out of the start-up phase and into the
growth stage, the corporate team will be shifting focus to driving
future revenues from its pharmaceutical divisions starting this
summer. A major key factor with uplisting to a fully reporting
market is that it will allow the company to expand its shareholder
base to "Wall Street" type investors as well as attracting
institutional lenders with strategic portfolios.
BSEM plans to accompany the likes of Experian, Bombardier,
Heineken and many more on the OTC QX market.
D. Brooks & Associates has completed the inventory audit of
goods being sold through our eCommerce platforms, DrDavesBest.com
and BioStemWellness.com. Next steps in the process involve document
discovery for the Company's numerous acquisitions and business
activities over the audit period. This process is expected to be
completed sometime in Q2 2017 with the Uplisting to follow shortly
after. Henry "Chip" Van Vurst, CEO of BioStem Technologies went on
to say, "This has been our goal since inception and we are now
ready to execute this process. Uplisting to the OTCQX will allow
the Company to build market awareness, establish enhanced trust and
confidence with investors, investment banks and fund managers
alike."
To find out more about BioStem Technologies please click the
following link: www.506craise.com.
About D. Brooks and Associates CPA's, P.A. Headquartered in West
Palm Beach, Florida, D. Brooks and Associates CPA's, P.A. is a
PCAOB registered certified public accounting firm that offers
clients professional and courteous attention while delivering
practical value in addressing their needs. We have extensive
experience in assisting clients with highly complex issues as well
as day to day operational needs. Our principals are native
residents of South Florida and share a passion for helping
businesses and individuals achieve success in financial
matters.
The Firm's philosophy is to provide clients National level
technical expertise through hands on relationships that emphasize
understanding client issues, addressing them with appropriate
urgency, and maintaining effective communications so as to maximize
value delivered as a result of these relationships.
About BioStem Technologies, Inc. (OTC PINK: BSEM): BioStem
Technologies, Inc. (OTC PINK: BSEM) is in the business of
regenerative medicine and antiaging strategies throughout the
United States, Europe, and Mexico. The Company's mission is to
conquer the effects of biological aging (and related acute
disease), and its strategy is to discover, develop, produce, and
deliver the most effective stem cell and wellness products in the
world. The Company is comprised of a diverse group of scientists,
physicians, and industry visionaries who are creating innovative
products for helping customers live their best, feel their best,
and be their best. The company operates six strategic business
units - BioStem Cell Therapy, BioStem Wellness, BioStem
Pharmaceuticals, Qualified Pharma Ingredients, BioBlue
Technologies, and BioStem International - providing a diversified
line of products and services that include: clinical stem cell
therapy, stem cell R&D, state-of-the-art laboratory services,
pharmaceuticals, nutraceuticals, cosmeceuticals, API repackaging,
and medical tourism.
Forward-Looking Statements: Except for statements of historical
fact, the matters discussed in this press release are forward
looking and made pursuant to the Safe Harbor provisions of the
Private Securities Litigation Reform Act of 1995. "Forward-looking
statements" describe future expectations, plans, results, or
strategies and are generally preceded by words such as "future,"
"plan" or "planned," "expects," believe" or "projected." These
forward-looking statements reflect numerous assumptions and involve
a variety of risks and uncertainties, many of which are beyond the
company's control that may cause actual results to differ
materially from stated expectations. These risk factors include,
among others, limited operating history, difficulty in developing,
exploiting and protecting proprietary technologies, intense
competition and additional risks factors as discussed in reports
filed by the company with OTC Markets.
Contact InformationBioStem Technologies, Inc.
Phone: 954-380-8342
Website: http://www.biostemtech.com
Email: info@biostemtech.com
Twitter: @Biostemtech
Facebook: BioStem Technologies
Investor Relations:
Andrew Van Vurst
info@biostemtech.com
954.380.8342
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