SUNRISE, Fla., Aug. 15, 2018 (GLOBE NEWSWIRE) — Beta Music Group, Inc. (OTC Pink: BEMG) announces today it plans to retain an independent certified public accountant to audit its financial statements in compliance with Securities and Exchange Commission (“SEC”) Generally Accepted Accounting Principles (“GAAP”) and plans to direct its Company counsel to prepare a Form S-1 Registration Statement to be filed with the SEC, to become fully reporting subject to the filing requirements of Section 15(d) of the Securities Exchange Act of 1934. This action is fundamental to the Company’s efforts to demonstrate heightened transparency to its investors and bring the Company greater visibility and credibility before a substantially larger group of qualified investors.
The Company hopes to file Form S-1 during the 4th quarter of 2018.
The Company also announces record breaking June 30th, 2018 quarterly results, a 7.5%. quarter-to-quarter revenue increase compared to March 31st, 2018 The financial statement can be viewed in its entirety at https://backend.otcmarkets.com/otcapi/company/financial-report/199858/content “We believe we’re developing a business model deserving a stronger presence in the financial markets. With strong revenue gains quarter-to-quarter and an increasing market share, we are poised and ready to become a fully reporting SEC issuer. Our continued growth, transparency by audit and registration of our securities with the SEC, sets the stage for several significant developments over the coming quarters. This filing is a pivotal event for us,” stated Elizabeth Karwowski, CEO of BEMG.
About BEMG
BEMG, through its operating subsidiary Get Credit Healthy, utilizes its proprietary processes, platform, and software to integrate with lenders to make it easier to recapture leads. Developed for and by those with extensive experience in the mortgage industry, Get Credit Healthy’s platform has already facilitated over $200 million in new loan opportunities for its partners.
Get Credit Healthy has showed sustained growth over the past three years and shows no signs of slowing down. Get Credit Healthy is working to increase its network of partners and is looking forward to a very promising future. Please visit the company website at www.betamusicgroup.net.
Safe Harbor Statement
This press release contains forward-looking statements that can be identified by terminology such as “believes,” “expects,” “potential,” “plans,” “suggests,” “may,” “should,” “could,” “intends,” or similar expressions. Many forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any future results or implied by such statements. These factors include, but are not limited to, our ability to continue to enhance our products and systems to address industry changes, our ability to expand our customer base and retain.
For information, please contact:
Elizabeth Karwowski, CEO
Beta Music Group, Inc. t/b/k as MBO Holdings Corp.
Get Credit Healthy, Inc.
8411 West Oakland Park Blvd.
Suite 202
Sunrise, FL 33351
[email protected]
(877) 850-3444 Ex 7
Beta Music Group, Inc. t/b/k as MBO Holdings Corp.