Classworx, Inc. Files First Quarter Ending March 31, 2021 Audit Review in FORM S1 Filing with S.E.C.
Classworx Inc. (OTC PINK:CHNO) has completed its first quarter audit for the period ending March 31, 2021, and filed a FORM S1 with the SEC. The audit, conducted by BF Borgers CPA, covers financials for 2019, 2020, and Q1 2021. The S1 filing includes an offering of 5 million shares at $5.00 each, aiming to raise up to $25 million for the development and marketing of Classworx.com. The company is striving for full reporting status to qualify for uplisting from the OTC Pinksheets.
- Completion of the first quarter audit enhances credibility and transparency.
- Filing of FORM S1 opens up potential for significant capital raise of up to $25 million.
- Funds from the offering will be used for growth-related initiatives including development and marketing.
- The stock offering price of $5.00 per share is currently higher than the market price, indicating potential challenges in raising capital.
ATLANTA, GA / ACCESSWIRE / June 22, 2021 / Classworx Inc., a Delaware Corporation (OTC PINK:CHNO), owner of Classworx.com, a community for people hosting Zoom events that can list their Zoom classes, performances and events inside their Classworx™ profile on ClassWorx.com, has completed its first quarter ending March 31, 2021 audit review and has filed a current FORM S1 with S.E.C.
Classworx, Inc. has completed the company audit with the Auditing Firm BF Borgers CPA PC Certified, Public Accountants. Classworx, Inc. completed two years of audited financials for 2019 and 2020 along the first quarter ending March 31, 2021 audit review. With the financials being audited, the company is now fully reporting.
The Law Offices of Thomas C. Cook prepared the FORM S1 for filing and it has been submitted through original filing through EDGAR on June 3, 2021 and the additional filing on June 17, 2021 that includes the first quarter of 2021.
Raymond Firth stated, "We are continuing to take the steps necessary to build out Classworx.com with tools that will compliment anyone using Zoom that is looking to attract more attendees, while becoming fully reporting to qualify to uplist from the OTC Pinksheets."
The S1 is priced at
About The Law Offices of Thomas C. Cook
The Law Offices of Thomas C. Cook was formed in Las Vegas, Nevada, in 1997, with a principal focus of representing public companies before the United States Securities and Exchange Commission, FINRA, OTC Markets, LLC, and the various state securities authorities. Thomas C. Cook, Esq., the firm's principal attorney, has over two decades of experience in corporate and securities law, including but not limited to corporate formation and governance, securities registrations and compliance, mergers and acquisitions, and the issuance of securities-related opinions. Mr. Cook received his bachelor of arts from Occidental College in 1990 and his Juris Doctor from Whittier Law School in 1993.
About BF Borgers CPA, PC
At BF Borgers CPA, PC, we have built our practice by providing exceptional service to our clients through our commitment to our firm culture and values based on the three underlying principals Professionalism, Responsiveness, Quality.
About Classworx, Inc. (formerly known as Chill N Out Cryotherapy, Inc.)
Chill N Out Cryotherapy, Inc. now known as Classworx, Inc. (OTC PINK:CHNO), a Delaware Corporation, owns and operates ClassWorx.com. Classworx, Inc. currently trades on the OTC Pinks under the stock symbol CHNO. Classworx™ provides an internet-based, global network-directory of people offering Virtual classes or events utilizing video conferencing to remotely deliver individual or group instruction in a broad range of disciplines ('virtual classes'). The Company is based in the Atlanta, Georgia, area spans a global outreach through the worldwide web.
Safe Harbor:
This press release contains forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the 'Exchange Act'), including statements regarding potential sales, the success of the company's business, as well as statements that include the word believe or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties, and other factors that may cause the actual results, performance, or achievements of Findit Inc. to differ materially from those implied or expressed by such forward-looking statements. This press release speaks as of the date first set forth above, and Findit Inc. assumes no responsibility to update the information included herein for events occurring after the date hereof. Actual results could differ materially from those anticipated due to factors such as the lack of capital, timely development of products, inability to deliver products when ordered, inability of potential customers to pay for ordered products, and political and economic risks inherent in international trade.
CONTACT:
Raymond Firth
470-448-4734
SOURCE: Classworx
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FAQ
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