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Findit, Inc. Files First Quarter Ending March 31, 2021 Audit Review in FORM S1 Filing with S.E.C.

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Findit, Inc. (OTC PINK:FDIT) filed a response to the SEC's Form S1 comment letter on June 22, 2021. The updated filing includes financials reviewed by BF Borgers CPA, covering three years of audits (2018-2020) and a review for Q1 2021. The S1 aims to facilitate an uplisting from the OTC Pink Sheets, with a proposed share price of $0.30 for an offering of 10 million shares, potentially raising $3 million for development and marketing of the Findit platform. The law firm of Thomas Cook and Associates assisted with the SEC submission.

Positive
  • Filed updated financials with SEC, indicating compliance and transparency.
  • Engaged BF Borgers CPA for annual audits, enhancing credibility.
  • Plans to raise $3 million through offering, aimed at further development and marketing.
Negative
  • Current share price is below the proposed offering price of $0.30, indicating market skepticism.

ATLANTA, GA / ACCESSWIRE / June 24, 2021 / Findit, Inc., a Nevada Corporation (OTC PINK:FDIT), owner of Findit.com® and the Findit® App available on Android and IOS devices, has filed its response to the FORM S1 S.E.C. comment letter through Edgar. Findit, Inc. filed its Form S1 on March 11, 2021.

Findit, Inc. has filed its latest response to the S.E.C. along with its updated March 31, 2021 financials that have been reviewed by the auditing firm of BF Borgers CPA PC Certified, Public Accountants. The inclusion of the Auditors Review with the March 31, 2021 financials and the response to the S.E.C. comments has been completed.

Findit, Inc. retained the Auditing Firm BF Borgers CPA PC Certified, Public Accountants. The company completed three years of audited financials that include 2018, 2019, and 2020. The Form S1 includes year ending December 31, 2019 and December 31, 2020 audited financials and now the auditors review of March 31, 2021.

The Law Firm of Thomas Cook and Associates prepared the FORM S1 filing and assisted in the response letter to the S.E.C. that has been submitted through EDGAR on June 22, 2021.

Form S-1/A Findit, Inc.

Raymond Firth stated, 'We continue to make progress toward our FORM S1 being effective. With this recent filing we are hopeful that Findit® will be able to up list from the OTC Pinksheets and raise funds to build out the Findit® team and continue to implement tools and services that provide tangible results for our members."

The S1 is priced at thirty cents per share which is currently higher than the current stock price. The number of shares in the offering is a total of ten million shares which would amount to three million dollars if the raise is 100% subscribed. The proceeds would be used for development and marketing of the website Findit.com and the Findit® App, which is available on Android and IOS.

Download the Findit® App Here
For Android devices Google
For IOS devices Apple

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 principles Professionalism, Responsiveness, Quality.

About Findit, Inc.

Findit, Inc., owns Findit.com® which is a Social Media Content Management Platform that provides an interactive search engine for all content posted in Findit® to appear in Findit® search. The site is an open platform that provides access to Google, Yahoo, Bing, and other search engines access to its content posted to Findit® so it can be indexed in these search engines as well. Findit® provides Members the ability to post, share and manage their content. Once they have posted in Findit, we ensure the content gets indexed in Findit® Search results. Findit® provides an option for anyone to submit URLs that they want indexed in Findit® search result, along with posting status updates through Findit® Right Now. Status Updates posted in Findit® can be crawled by outside search engines which can result in additional organic indexing. All posts on Findit® can be shared to other social and bookmarking sites by members and non-members. Findit® provides Real Estate Agents the ability to create their own Findit® Site where they can pull in their listing and others through their IDX account. Findit, Inc. is focused on the development of monetized Internet-based web products that can provide an increased brand awareness of our members. Findit® Inc. trades under the stock symbol FDIT on the OTC Pinksheets.

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:

Clark St. Amant
404-443-3224

SOURCE: Findit, Inc.



View source version on accesswire.com:
https://www.accesswire.com/652691/Findit-Inc-Files-First-Quarter-Ending-March-31-2021-Audit-Review-in-FORM-S1-Filing-with-SEC

FAQ

What is the purpose of Findit, Inc.'s recent Form S1 filing?

The Form S1 filing aims to facilitate an uplisting from the OTC Pink Sheets and raise funds for development.

When did Findit, Inc. respond to the SEC's Form S1 comment letter?

Findit, Inc. filed its response on June 22, 2021.

What financials were included in the Form S1 response?

The response included reviewed financials for Q1 2021 and audited financials for 2018, 2019, and 2020.

How much funding does Findit, Inc. plan to raise through its offering?

Findit, Inc. aims to raise $3 million through the offering of 10 million shares.

Who prepared the Form S1 filing for Findit, Inc.?

The Law Firm of Thomas Cook and Associates prepared the Form S1 filing.

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