Demand Brands engages BF Borgers CPA PC as auditor
June 22 2022 - 9:11AM
InvestorsHub NewsWire
WATSONVILLE, CA -- June 22,
2022 -- InvestorsHub NewsWire -- Demand Brands, Inc.
(OTC
PINK: DMAN), (“Company” or “DB”) http://dman.co, a leading vertically integrated
cannabis company, is thrilled to announce the engagement of BF
Borgers CPA PC (“BF Borgers”) as its auditor going forward. The
Company plans to file a registration statement in the United States
upon completion of the audit for the years ending 2020 and
2021.
BF
Borgers will audit the balance sheets of the Company and the
related statements of operations, stockholders’ equity and income,
and cash flows. The objective of the audit of the financial
statements is to express an opinion on the financial statements in
accordance with generally accepted accounting principles accepted
in the United States (GAAP). The audit of the financial statements
will be conducted in accordance with the standards established by
the Public Company Accounting Oversight Board (PCAOB) and will
include tests of the Company’s accounting records and other
procedures that BF Borgers considers necessary to enable them to
express their opinion.
“This marks the first step by the incoming
management group towards establishing a refreshed relationship with
our shareholders”, said DB management, “We are
committed to delivering a leading cannabis company to our
stakeholders. Our next step to accelerate the registration
statement efforts will be to engage a securities law
firm.”
About Demand
Brands
Demand Brands is a publicly-traded company that has
vertical integration, optimization, and innovation at the heart of
its core strategy. We strategically invest in, acquire &
partner with synergistic cannabis companies to optimize and expand
our vertically integrated platform with the goal of becoming a
multi-state operation that captures value at every stage of the
soil to sale process. Our capabilities include cultivation,
processing, brand & supply management, and real
estate.
PRESS CONTACT
ir@dman.co
+1
(415) 685-0317
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SOURCE: Demand Brands,
Inc.
Cautionary Note Regarding Forward-Looking Information
and Statements. This press release includes “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 addition to statements that explicitly
describe such risks and uncertainties, readers are urged to
consider statements labeled with the terms “believes”, “belief”,
“expects”, “intends”, “anticipates”, “projects” “will”, or “plans”
to be uncertain and forward-looking. The forward-looking statements
contained herein are also subject generally to other risks and
uncertainties that are described from time to time in the company’s
reports and registration statements filed with the Securities and
Exchange Commission.
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