SFLM Forms Audit Committee to Look at the Company’s Accounting Practices and Identify an SEC Approved Auditor
FORT LAUDERDALE, FL, June 28, 2022 –– McapMediaWire — SFLMaven Corp. (OTC Pink: SFLM), (“SFLMaven” or the “Company”) (www.sflmaven.com), a leading provider of high-end luxury goods, recently announced its plans to begin the process of preparing the company for uplisting and acquisitions. See the previous PR Here: SFLM Press Release 6-14-22 and SFLMaven-Continues-Plan-to-Uplist-the-Company-with-Acquisition-Committee
Now the company has placed together a committee of business professionals with accounting knowledge:
- Review the company’s current accounting principles and practices with recommendations.
- Identify various auditors that are SEC peer-reviewed that may be a right fit for the company.
- Start a plan for organizing and auditing the company for potential uplisting.
- Explore filing a Form 10 to become Fully Reporting with the Securities and Exchange Commission.
CEO Joseph Ladin said, “I’m really looking forward to implementing the suggested principles and proper accounting practices so that we can become a fully reporting company and potentially uplist to a larger national exchange such as NASDAQ, once we are qualified”.
As previously mentioned, the company is raising capital through its Reg A+. Upon completion of an audit, and becoming a fully reporting company, the company will look at opportunities such as filing an S1, similar to an IPO on a larger exchange.
Look for additional press releases with more details on the plan in the coming weeks and months.
Visit the Company’s eBay store (www.ebay.com/str/sflmavenantiquesjewelryfineart) for more information or to participate in SFLMaven’s upcoming Famous Thursday Night Auction event.
SFLMaven Corp. (OTC Pink: SFLM) is a premium provider of high-end luxury goods to a global base of discerning patrons. Famous for its Thursday Night Auction events on its top-rated eBay store, SFLMaven has driven over $140 million in sales since inception, earning more than 100k positive reviews along the way.
For more information, please visit the Company’s website at www.sflmaven.com.
This press release may contain forward-looking statements, including information about management’s view of SFLMaven Corp.’s future expectations, plans and prospects. In particular, when used in the preceding discussion, the words ‘believes,’ ‘expects,’ ‘intends,’ ‘plans,’ ‘anticipates,’ or ‘may,’ and similar conditional expressions are intended to identify forward-looking statements. Any statements made in this news release other than those of historical fact, about an action, event or development, are forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors, which may cause the results of SFLMaven, its subsidiaries and concepts to be materially different than those expressed or implied in such statements. Unknown or unpredictable factors also could have material adverse effects on SFLMaven’s future results. The forward-looking statements included in this press release are made only as of the date hereof. SFLMaven cannot guarantee future results, levels of activity, performance or achievements. Accordingly, you should not place undue reliance on these forward-looking statements. Finally, SFLMaven undertakes no obligation to update these statements after the date of this release, except as required by law, and also takes no obligation to update or correct information prepared by third parties that are not paid for by SFLMaven.