Industry Source Consulting Moves to Top Tier With OTC Markets
Industry Source Consulting (OTC PINK:INSO) announced it is now up to date with its quarterly Disclosure Statements, achieving the highest tier of reporting on OTC Markets, known as Pink Sheets Current Information. The company has restated its financials to meet required standards. Additionally, INSO is in the process of implementing a new management team and business strategy, with further details to follow soon. Outgoing CEO Michael Molen expressed gratitude to shareholders for their patience during this transition.
- Achieved OTC Markets' highest reporting tier: Pink Sheets Current Information.
- Successfully restated financials and disclosure statements to meet requirements.
- Implementation of a new management team and business strategy forthcoming.
- None.
NORCROSS, GA / ACCESSWIRE / November 17, 2022 / INDUSTRY SOURCE CONSULTING, INC. (OTC PINK:INSO) announced today that it is now current with the Company's quarterly Disclosure Statements posted to OTC Markets. After review of the amended information and accompanying CPA Letter and Attorney Letter, OTC Markets has changed their tier reporting on Industry Source Consulting, Inc. to their highest level, Pink Sheets Current Information.
Companies that follow the International Reporting Standard or the Alternative Reporting Standard by making filings publicly available through the OTC Disclosure & News Service pursuant to OTC Markets Group's Guidelines for Providing Adequate Current Information are designated as "Pink Sheets Current Information."
INSO is in the process of installing a new Management Team that will roll out its new business strategy. Details concerning the new business and Management Team will be announced in the coming days.
"This is an important step for our Company," stated Michael Molen, outgoing CEO of INSO. "We have worked the past several months to restate recent Disclosure Statements and Financials in order to meet the necessary requirements to move the Company to OTC's highest tier. I want to thank our shareholders for their patience while we worked on these things and I look forward to working with the Company's interim CEO as the new business plan is introduced."
Safe Harbor Statement
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are based on current plans and expectations of management and are subject to a number of uncertainties and risks that could significantly affect the Company's current plans and expectations, as well as future results of operations and financial condition. Specifically, the Company's ability to raise additional capital, execute its business plan and strategy, sustain or increase gross margins, achieve profitability and build shareholder value are forward-looking statements. A more extensive listing of risks and factors that may affect the Company's business prospects and cause actual results to differ materially from those described in the forward-looking statements can be found in the reports and other documents filed by the Company with the Securities and Exchange Commission. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
CONTACT: info@industrysource.us
SOURCE: Industry Source Consulting, Inc.
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