Cambridge, MA, December 09, 2021 (GLOBE NEWSWIRE) – The Peer To Peer Network aka MobiCard (OTC Pink: PTOP) is pleased to announce that we have retained BlueChip accounting and processed payment. The new agreement to prepare PTOP financial statements for our year-end annual report ending 09/30/2021.
Shareholders may recall that PTOP previously worked with BlueChip Accounting to comply with the SEC’s new amendment to Rule 15c2-11 which stated that any company without its up-to-date financial reports by September 28e, 2021, would be delisted or removed from the OTC Markets and moved to âgray marketsâ. PTOP filed the necessary OTC reports, satisfied the requirements and released PTOP’s financial statements by September 28.e in accordance with appropriate procedures and guidelines in accordance with private contracts.
BlueChip Accounting’s services will include, but are not limited to:
â¢ Assist management in the preparation of financial statements based on US GAAP for the period ended 09/30/21 and related notes to the financial statements based on information contained in the financial records provided by the company.
â¢ Prepare reconciliations and schedules related to all adjustment entries required for audits and reviews.
â¢ Suggest to management standard journal entries, adjustment or correction or other changes affecting the financial statements.
â¢ Provide support to auditors with respect to our preparation of financial statements and any adjustments to Company records requested during reviews or audits.
â¢ Assist the Company’s SEC legal advisor in the preparation of the Company’s OTC reports.
â¢ Management will be required to review and approve the final financial statements.
PTOP plans to submit this annual OTC report by December 31, 2021.
PTOP thinks we will have the annual report (year ending September 30e, 2021) completed and published before January 1, 2022, and obtain âPink Current Statusâ as soon as possible. Both of these events will be eagerly awaited in the New Year and should strengthen the business. âPink Current Statusâ will provide a variety of benefits to the business. Once Pink Current, we plan to pay for a DWAC eligibility request.
âWe hope that this new year will see very active January and February for press announcements. As I plan to have many goals lined up for a quick succession of completions at the start of the new year. MobiCard will begin to realize the benefits of our achieved goals. Merry Christmas and Happy Holidays to all of our shareholders, I look forward to communicating many positive developments at the start of the new year, âconcluded Joshua Sodaitis, President and CEO.
Joshua Sodaitis, President and CEO
45 Prospect Street Cambridge, MA 02139
E-mail: [email protected]
Peer to Peer Network aka MobiCard is the first digital contact / business card of its kind. This will greatly facilitate the ability of individuals and businesses to share information and more effectively expand their visibility and brand awareness. MobiCard is a combination of powerful mobile and desktop apps with extensive capabilities including linking videos, user websites, all forms of contact information and all media links social data of each user in a consolidated source. It’s more than just a digital business card; it is a âdynamic digital footprintâ. A subscriber can customize their business card to include a company logo, profile picture, contact information, website, audio messaging, social media links, and multimedia content. The platform’s sharing and alerting system allows users to share their card through SMS, email, and global social media sites including Facebook, Twitter, LinkedIn, etc. The system provides the user with instant text alerts when their card is opened or shared. to third party referrals while creating an invaluable database of contacts.
Safe Harbor Declaration:
This press release contains 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, as amended. The Company invokes the protections of the Private Securities Litigation Reform Act of 1995. All representations regarding our expected future financial condition, results of operations, cash flows, financing plans, business strategies, products and services, our competitive positions, our growth opportunities, our plans and objectives. management for future operations, as well as statements that include words such as “anticipate”, “if”, “believe”, “plan”, “estimate”, “” “intend to” “” should “,” Will “and other similar expressions are forward-looking statements. All forward-looking statements involve risks, uncertainties, and contingencies, many of which are beyond our control, which may cause actual results, performance or achievements to differ materially from the anticipated results, performance or achievements. We have no obligation (and expressly disclaim any obligation to) update or change our forward-looking statements, whether as a result of new information, future events or otherwise.