HENDERSON, NV / ACCESSWIRE / October 18, 2022 / EVIO, Inc. (OTC PINK:EVIO) is pleased to announce the start of the process to become a fully reporting and audited firm. The company has engaged Spotlight Media Corp. (SMC), a wholly owned subsidiary of PSYC Corporation (OTCPink: PSYC) (“PSYC” or the “Company”), a media leader focused on the emerging psychedelic and cannabis sectors.
As part of the agreement, the Company will work with SMC to successfully complete the audit process. Under the agreement, SMC will be paid $5,000 per month for a period of three (3) months.
Becoming and remaining a fully current SEC reporting company fulfills a crucial step in the process of establishing trust and credibility with the investment community, as well as completing the initial step to be listed on the OTCQB.
SMC will work with the Company to establish best practices moving forward to meet month-end accounting, quarterly and annual reporting and investor transparency requirements. Key items include, but are not limited to, revenue recognition and capitalization of fixed assets.
“Our priorities are identifying the key EVIO action points that need to be met for the audit and handling each one in a way that facilitates the workflow for an efficient process,” said SMC CFO Craig Schlesinger. We look forward to bringing EVIO up to current, fully reported SEC status while establishing effective month-end procedures to ensure timely reporting on a going-forward basis.”
“Management looks forward to working with SMC to become current with the SEC,” commented William Waldrop, CEO of EVIO, “SMC has an excellent track record of helping companies like EVIO in this process. Getting, current and on Being able to provide more real-time finance to our shareholders is an imperative as part of our turnaround efforts.”
About EVIO
EVIO, Inc. (“EVIO”) is a diversified holding company focused on Construction Services and Pharmaceutical Testing. In Florida, the Company provides general contracting services serving the residential and commercial construction industry. In Canada, through its ownership in Keystone, the Company provides pharmaceutical, environmental, stability and analytical testing.
For more information, visit www.evoinc.com
About PSYC Corporation
At PSYC Corporation we are integrating media, creativity and technology to develop and deploy thought-provoking ideas and solutions that are driving and transforming the approach to some of society’s most pressing issues.
PSYC has expressed its intention and commitment to position itself at the forefront of the psychedelic revolution and as a resource center for discovering and understanding the latest research and business opportunities surrounding psychedelic-inspired drugs. With the FDA’s more open-minded approach to psychedelic drugs, and as several major US cities continue to pass decriminalization of psilocybin, we believe investors are speculating that the psychedelic boom may be bigger than that of cannabis. . PSYC is your source for current news related to psychedelic-specific investments and the latest research that improves overall health, bringing this sector into the mainstream.
We are committed to a forward-thinking approach that embraces innovative new technologies and innovations, and through our business development vision we aim to continue to evolve into these uncharted territories as future industry leaders.
Safe Harbor Statement
Any statements in this press release that are not statements of historical fact may be considered forward-looking statements relating to anticipated or anticipated plans, performance and developments, as well as other statements regarding future operations and results. Words such as “may”, “will”, “expect”, “believe”, “anticipate”, “estimate”, “intend”, “intend”, “target”, “seek”, “attempt” or variations of these or similar words, identify forward-looking statements. These forward-looking statements by their nature are only estimates of future results and involve substantial risks and uncertainties, including but not limited to risks related to the uncertainty of future financial results, additional financing requirements, new product development , the Company’s ability to fully test the product and launch the product in the market, product acceptance in the market, the uncertainty of laws and regulations related to cannabis, the impact of competing products or pricing, technological changes, the effect of economic conditions and uncertainty others detailed from time to time in the Company’s reports available at www.evionc.com.
For more information:
EVIO Inc.
William Waldrop, CEO
Email: [email protected]
Phone (702)748-9944
SOURCE: EVIO Inc.
Check out the source version at accesswire.com:
https://www.accesswire.com/720816/EVIO-Inc-Engages-Spotlight-Media-to-Provide-Compliance-Services-to-Oversee-Audit-Process
Disclosure of Company Relationships
T420 is responsible for T420’s opinions expressed in this disclosure, except that all sources or information provided by other parties have not been verified or verified and T420 does not undertake to confirm or verify or be responsible for such information provided. from other parties.
Any content posted about a profiled issuer is not a solicitation or recommendation to buy, sell or hold securities. We cannot and do not evaluate, verify or guarantee the suitability, accuracy or completeness of any information, the suitability or profitability of any particular investment, or the potential value of any investment or source of information. All information must be independently verified. We are not responsible for errors or omissions in our publications and any opinions expressed are subject to change without notice. We do not, nor are we obligated to, undertake any due diligence or investigation or verify and verify anything in relation to Profiled Publishers or any content posted in relation to them, and we do not obtain any verification from the Profiled Publisher in relation to the content we share. Similarly, while we strive to facilitate the provision of quality information, we are not responsible for any loss or damage caused or alleged to be caused by its use, nor do we verify, validate or update such information.
Pursuant to an agreement between Spotlight Media Corp. and EVIO Inc. (EVIO) we are employed for a 90-day period beginning October 12, 2022 and ending January 12, 2023 to publicly disseminate information about EVIO, including on the website and other media including Facebook and Twitter. We are being paid $5,000 per month by EVIO and have been paid “ZERO” shares of unrestricted or restricted common stock. We plan to sell “ZERO” shares of EVIO that we hold during the time the Website and/or Facebook and Twitter Information recommends that investors or site visitors buy without further notice to you. We may buy or sell additional shares of EVIO in the open market at any time, including before, during or after the website and information provide public distribution of favorable information.
This article contains forward-looking statements within the meaning of applicable securities laws. All statements that are not historical facts, including without limitation, statements about future estimates, plans, programs, forecasts, projections, objectives, assumptions, expectations or beliefs about future performance are “forward-looking statements “. Forward-looking statements can be identified by the use of words such as “expects”, “does not expect”, “expects”, “believes”, “aims”, “anticipates”, “does not anticipate”, “believes” or variations of these words. , expressions or statements, that certain actions, events or results “may”, “might”, “will”, “could” or “will be performed”, will occur or will be achieved. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause actual results, events or developments to differ materially from the expected results, events or developments expressed or implied in such forward-looking statements. These risks and uncertainties include, but are not limited to, dependence on obtaining and maintaining regulatory approvals, including obtaining and renewing federal, provincial, state, municipal, local or other licenses, and any inability to obtain all authorizations , necessary government licenses. and permits to operate and expand the Company’s facilities; regulatory or policy changes such as changes in applicable laws and regulations, including federal, state and provincial legalization, due to fluctuations in public opinion, industry perception of integrative mental health, including the use of psychedelic-assisted therapy, delays or inefficiencies or any other reason; any other factors or developments that may inhibit market growth; the Company’s limited operating and profitability history; dependence on management; the Company’s need for additional financing and the effects of financial market conditions and other factors on the availability of capital; competition, including that of more established and better funded competitors; the impact of the Russia-Ukraine conflict on the global economy; the ongoing impact of the COVID-19 pandemic; and the need to build and maintain alliances and partnerships, including with research and development companies, customers and suppliers. These factors should be considered carefully and readers are cautioned not to place undue reliance on forward-looking statements. Despite the Company’s efforts to identify the main risk factors that could cause actual measures, events or results to differ materially from those described in forward-looking statements, other risk factors could cause measures, events or developments to differ materially. from those predicted, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events may differ materially from those anticipated in the forward-looking statements. The Company does not undertake to revise forward-looking statements, even if new information becomes available as a result of future events, new facts or otherwise, except as required by applicable laws.
