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| CHRO Issues Big News on Becoming Fully Reporting and Uplisting |
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 Hot Stock to Watch |
Company: The Chron Organization, Inc. (Pink Sheets: CHRO)
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Last:
Price: 0.038
Change (%): + 0.002 (5.56)
Volume: 603,827 |
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CHRON Announces Form 10 Filing Effective Date, Making the Company Fully Reporting with the SEC under the Exchange Act of 1934
DALLAS, TX-(Marketwired - Jun 20, 2017) - The Chron Organization, Inc. (OTC PINK: CHRO) announced today its Form 10 Registration Statement registering its Class A Common Stock as filed with the U.S. Securities and Exchange Commission (SEC) has become effective as of June 20, 2017. Following the effective date, CHRO will be subject to the reporting requirements of the Exchange Act of 1934, as amended. This means the Company will be begin filing annual reports with the SEC on Form 10-K, quarterly reports on Form 10-Q, periodic reports on Form 8-K and subject itself to additional reporting obligations related to proxies, shareholder actions and stock ownership rules.
The Form 10 the Company filed with the SEC provides information on its current and planned operations, developments and acquisition, including its key operating subsidiaries Zen Technologies, Inc. and Zen Energy, Inc. CHRON’s SEC reports can be viewed by clicking the following link: https://www.otcmarkets.com/stock/CHRO/filings.
CHRON President, Alex Rodriguez, said, “One of our primary goals entering this year was to become a fully reporting company with the SEC to position us to raise additional capital and seek listing on a national stock exchange or quotation platform. With the first milestone - our Form 10 filing - now complete, CHRON is moving towards fulfilling these goals. Following this achievement, we now intend to file an application for quotation of our Class A Common Stock on the OTCQB tier of the OTC Markets Group, Inc. subject to completion of the applicable uplisting requirements. Our Class A Common Stock is currently quoted on the OTC Pink tier.”
CHRON Chairman, Byron Young, added, “After spending the greater part of 2016 and the first two quarters of 2017 incubating and laying the foundation for our retail smart home technologies and planned retail electric energy businesses, we hope to begin generating revenues, complete our planned acquisition, and continue to grow our current and planned business. We are excited about our prospects and look forward to maximizing the value of our company for our shareholders in the years to come.”
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