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Duo World Inc.
Our client is currently finalizing its 2014 and 2015 PCAOB audit. Once the audit report is issued, we intend to file an S1 Registration statement with the SEC. We estimate that our client will file the S1 in February of 2016. We currently own 3,460,000 common shares and a further 500,000 preferred shares (equivalent to 5 million common shares) of Duo World Inc. We expect Duo´s initial trading price to be north of $1 per share. This client paid us $180,000 in cash fees in 2015 and will pay us a further $70,000 in 2016.
PrimesiteDevelopments Inc.
Our client is currently finalizing its 2014 and 2015 PCAOB audit. Once the audit report is issued, we intend to file an S1 Registration statement with the SEC. We estimate that our client will file the S1 in also in February of 2016. We currently own 5,606,521 common shares and a further 450,000 preferred shares (equivalent to 4.5 million common shares)of PrimesiteDevelopments Inc. We expect Primesite´sinitial trading price to be in the region of $2 per share. This company should start trading on the OTCQB in July of 2016 and has a very good possibility, in our opinion, of up-listing to the NYSE Markets (previous AMEX) by December 2016 or early 2017. This client has already paid us $150,000 in cash fees in 2015 and will pay us a further $150,000 in 2016.
QuartalFinancial Solutions AG
We are current in the process of restructuring this company. Their PCAOB audit for the years ended 2014 and 2015 will commence on or before January 15, 2016 and we expect said audit to be finalized early March of 2016. Once the audit reports are issued, we intend to file an S1 Registration statement with the SEC. We estimate that our client will file the S1 late March or early April of 2016. We currently own 2,271 common shares QuartalFinancial Solutions AG value at $548,000 or $241 per share. This client has already paid us $150,000 in cash fees in 2015 and will pay us a further $150,000 during 2016.