TIPS Announces Appointment of Bolko & Associates, LLC as Independent Auditor, as Company Prepares for Full SEC Reporting Status and OTCQB Up-list
Tianrong Internet Products and Services, Inc. (TIPS) has engaged Bolko & Associates, LLC as its independent auditor, marking a significant step toward becoming a fully reporting company with the SEC. The company plans to file a registration statement within weeks and subsequently apply for an up-list to OTCQB following audit completion. Bolko, a PCAOB-registered firm, specializes in auditing public companies, aiming to enhance TIPS's credibility in the investment community. This move is expected to add value for shareholders by increasing market exposure.
- Engagement of Bolko & Associates enhances credibility.
- Expected up-list to OTCQB could increase shareholder value and market exposure.
- Potential risks related to the ability to execute the stated business plan.
London, England, March 01, 2022 (GLOBE NEWSWIRE) -- Tianrong Internet Products and Services, Inc. (OTC Pink: TIPS), a MedTech and Medical Device Company, today announced that the Company has engaged Bolko & Associates, LLC (“Bolko”) as its independent auditor, as TIPS prepares to become a fully reporting company with the SEC. The Company anticipates filing the appropriate registration statement with the SEC within the coming weeks. In addition, TIPS, upon completion of the audit, will file an application with OTC Markets to up-list to OTCQB.
Bolko is a certified public accounting firm registered with the PCAOB, that provides a wide range of business advisory and compliance services including financial statement audit, tax compliance and business advisory services. Bolko currently provides audit services for multiple public companies and is highly experienced in dealing with the complex auditing and accounting standards of public companies.
The management of TIPS released the following statement, “Engaging a highly regarded firm such as Bolko is the first step to becoming fully reporting with the SEC. We hope to up-list TIPS to the OTCQB soon after the completion of the audit, adding value for our current shareholders and increasing exposure to the investment community.”
About TIPS:
TIPS vision is the establishment of a global medical company, with a primary focus on the MedTech and medical device sectors.
For further information, please contact TIPS at info@tipsinvest.io
This press release contains certain 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, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that, all forward-looking statements involve risks and uncertainties, including without limitation, the ability of Tianrong Internet Products and Services, Inc. to accomplish its stated plan of business. Tianrong Internet Products and Services, Inc. believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward- looking statements included herein, the inclusion of such information should not be regarded as a representation by Tianrong Internet Products and Services, Inc. or any other person.
Contact
Tianrong Internet Products and Services, Inc.
info@tipsinvest.io
FAQ
What is the significance of TIPS engaging Bolko & Associates as its auditor?
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