Agora Holdings Inc (OTCMKTS:AGHI) has signed an engagement letter with Bart and Associates LLC, paving the way for its entry into the QB marketplace tier. The signing of the agreement comes months after the software company completed the auditing of its financial results for fiscal years ended December 31, 2015, and 2014.
Audit and FRAME Updates
With the signing of the engagement letter and completion of the auditing process, Agora Holdings is on course to become a fully reporting issuer. It also hopes to follow up the same by becoming a QB designated company. Bart and Associates LLC has already started preparing Form 10 Registration Statement, which should open the door for the company to file its quarterly and annual reports.
“The company is excited about this next milestone. The filing of Form 10 and all required audited financials mean that we can aggressively pursue the move to a more senior exchange,” said CEO Dan Terziev.
In a press release, the diversified company says it is anticipating full reporting status soon once the required fillings of a reporting company are made. In May, the company released new updates for its FRAME platform as part of an effort that sought to make the dashboard convenient for distributing messages to all social media networks that organizations use.
FRAME’s unique publishing capabilities make it ideal for businesses as well as Public relations companies looking to engage customers in the most convenient way. Agora Holdings is currently carrying out final polishing of the platform in a bid to make it efficient and effective for carrying out interactions. The company hopes to draw in a big clientele base once the final version is released to the market.
Agora Holdings Inc (OTCMKTS:AGHI) has underperformed in the market ever since it hit 80 cents a share last year, after capturing a lot of interest on the OTC market. The stock is currently trading at lows of $0.12 a share and in dire need of major announcements if it is to spark investor’s interest.