$OMID Engages PCAOB Audit Firm; Targets OTCQB Up-List
Phillipsburg, NJ, Dec. 21, 2021 (GLOBE NEWSWIRE) -- OMID Holdings, Inc. (OTC Pink: OMID) is pleased to announce that it has retained M&K CPAS, PLLC, a PCAOB registered accounting and auditing firm, to perform an audit of the company's financial statements for the years ending in 2020, 2021, and 2022. M&K has extensive audit experience and specializes in working with public companies across the United States. The audits for the years ending in 2020 and 2021 are expected to begin immediately with a target completion date in the second quarter of 2022. Upon successful completion of these activities, the company expects to become SEC-reporting and up-list to the OTCQB.
“As one of the key objectives for 2021, we have initiated an audit in preparation of a subsequent up-list. This activity, combined with our rapid growth and operational success, is expected to significantly improve the liquidity of OMID stock, vastly expanding the audience of potential investors ranging from retail and accredited to institutional investors.” stated Adam Frank, the Chairman & CEO of OMID Holdings, Inc.