Just A Few Action Steps Remaining – Audit Update

Friends & Fellow Shareholders,

We believe we have entered into what should be the final phase of the audit. We also expect that much of the difficult items in prepping the audit may be done with.

For all of you who have never prepared and/or paid for an audit, this is a serious and expensive endeavor.  However, we are certainly more knowledgeable now about the public auditing process then when we initially offered a completion date timeline.  It goes without saying, while there is still a lot to learn and do, we are growing more comfortable with the hurdles that have to be jumped in order to complete this task.

Based on all of the new information in front of us, while the date timeline is now certainly pushed back, we feel much more comfortable in suggesting that barring the unforeseen, our audit can be completed either by the end of this third quarter or inside of October.

This is certainly not a date timeline we ourselves expected; nor is the mounting expense something we enjoy.  However, this is what needs to be done for greater shareholder value and investor confidence, and we are absolutely committed to seeing the task completed as best as humanly possible.

We are looking to make a transition on to the OTCQB asap.  So it goes without saying, we are certainly excited about completing this audit, up-listing and becoming the half a billion dollar (at the very least!!) company we believe we’re on the verge of becoming.

In the meantime, to make this all a reality, we’ll continue working for you all, selling more capsules, inking more deals, and opening up more markets; all things to discuss next week.

Have a great weekend!


One Response to Just A Few Action Steps Remaining – Audit Update

  1. Chris says:

    As a shareholder I would like to say good job to management and all the team at SMEV. I think the company is definitely headed in the right direction. Way to go!

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