Chilco River Holdings Inc is in a Perfect Position to Capita Will Lovett, Chief Executive Officer, remarked, "2023 has been a bustling year for us, marked by pivotal corporate decisions aimed at bolstering our transparency and reporting. We've also made significant strides towards achieving our key business objectives. Below are some of our most notable actions, accomplishments, and milestones for the year thus far."
- We concluded our Public Company Accounting Oversight Board ("PCAOB") Audit conducted by Gries & Associates. The PCAOB, established by the Sarbanes-Oxley Act of 2002, supervises the audits of public companies to ensure transparency, accuracy, and the interests of investors.
- We took steps to upgrade our listing, submitting documentation to the OTC Markets for a move to the OTCQB, a platform catering to developing companies both in the U.S. and internationally.
- In the coming weeks, Chilco River will kickstart the application process for a Tier 2 Regulation A ("Reg-A") status. This exemption will potentially allow us to raise up to $75 million over a 12-month period.