Trucept Launches Full Audit; Aims At OTCQB Uplist

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Dec 21, 2020, 09:30 ET

SAN DIEGO, Dec. 21, 2020 /PRNewswire/ -- (OTC Pink: TREP) Trucept Inc. has retained RBSM LLP to fully audit its financial records, with plans to uplist its publicly traded stock to the OTCQB. This move gives the company stock the advantage of being quoted by dealers.

Trucept CEO Norman Tipton said the audit should be completed within 90 days. "This is a very exciting time for Trucept and its investors," he said.

RBSM LLP is a certified public accounting firm with operating offices in major cities in the United States, Europe and Asia. The firm provides professional accounting, auditing and tax services to a number of publicly held businesses as well as privately held companies.

Safe Harbor:

Statements in this press release that are not historical facts are forward-looking statements, including statements regarding future revenues and sales projections, plans for future financing, the ability to meet operational milestones, marketing arrangements and plans, and shipments to and regulatory approvals in international markets. Such statements reflect management's current views, are based on certain assumptions and involve risks and uncertainties. Actual results, events, or performance may differ materially from the above forward-looking statements due to a number of important factors, and will be dependent upon a variety of factors, including, but not limited to, our ability to obtain additional financing that will allow us to continue our current and future operations and whether demand for our products and services in domestic and international markets will continue to expand. The Company undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in the Company's expectations with regard to these forward-looking statements or the occurrence of unanticipated events. Factors that may impact the Company's success are more fully disclosed in the Company's most recent public filings with the U.S. Securities and Exchange Commission ("SEC"), including its annual report on Form 10-K.

SOURCE Trucept Inc.