Mindpix Completes Audit of Financial Statements and Files Form 10
(Marketwire Via Acquire Media NewsEdge) MIAMI BEACH, FL -- (Marketwired) -- 02/18/14 --
Mindpix Corporation (OTC Pink: MPIX) ("Mindpix" or the "Company"), is a technology driven media services and entertainment company focused on owning, creating or managing multi-platform music/entertainment, sports and U.S. Hispanic media properties, today is proud to announce the completion of the audit of its last two years of its financials by Salberg & Co., an independent accounting firm and the filing of its Form 10 with the Securities and Exchange Commission (SEC) required to achieve its goal of becoming a fully-reporting issuer eligible to be on the OTCQB tier of OTX Markets. You can view the full Form 10 at:
Following the Form 10 filing, the SEC may review the filing and provide comments that may result in changes to the filing.
Victor Siegel, President and Chief Executive Officer of Mindpix, commented, "Upon joining Mindpix in late April of 2013, I committed to completing the necessary legal and accounting steps for Mindpix to become a fully reporting OTCQB Company, to create a financial foundation to build from and provide complete transparency to our shareholders in understanding the direction and progress of the Company as we grow. I am happy to report to our shareholders that this is the last step in successfully completing these goals."
Mr. Siegel continued, "Wrapping up the audit of two years of financials and the Form 10 filing are major milestones and catalysts for the Company on many fronts. The Company is actively seeking to expand the Board of Directors to a caliber of industry professional generally associated with a NASDAQ or NYSE Company. Being a fully reporting OTCQB Company will allow this level of individual to join the MPIX management team. Moreover, we expect that by having audited financials, we are boosting the Company's transparency and validity with the investment community affording them with an added layer of confidence previously missing."
In closing, he added, "I wish to reconfirm my commitment to shareholder transparency, top line revenue generation and increasing shareholder value this year and in years to come. We look forward to achieving fully reporting status in the next quarter and will announce shortly a shareholder annual meeting in Miami we expect to hold before the end of the 2nd quarter of 2014. On behalf of the Company, we would like to thank shareholders for their continued support through this transition and very much look forward to 2014, as Mindpix continues to execute on plan."
About Mindpix Corporation Mindpix Corporation (OTC Pink: MPIX) is a technology driven multi-platform media company focused on owning, creating and/or managing multi-media entertainment and sports and US Hispanic media properties across the globe. Through a unique eco-system, MPIX provides the critical on-line video technology, production, digital marketing, audience development, payment services, sponsor acquisition, digital and traditional media distribution services to drive revenue for live and VOD (video on demand) events globally.
MPIX disclosure and financial information is published on OTC Markets and can be found at the following site: http://www.otcmarkets.com/stock/MPIX/filings/
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and as such, may involve risks and uncertainties. These forward looking statements relate to, amongst other things, current expectation of the business environment in which the company operates, potential future performance, projections of future performance and the perceived opportunities in the market. The company's actual performance, results and achievements may differ materially from the expressed or implied in such forward-looking statements as a result of a wide range of factors.
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Source: Mindpix Corp.
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