There are a number of companies that would come into focus this morning owing to the developments from yesterday, and one such company could be CYIOS Corp. (OTC:CYIO). The company, which operates in the form of a holding company, came into focus on Tuesday after it announced that it had launched a thorough two-year financial audit.
In the news release, CYIOS Corp. noted that the strategic move was a demonstration of the commitment of the company towards accountability, transparency, and setting up a higher corporate governance standard. It was revealed that the two-year audit would be conducted by Zhanna Kelly, CPA and PC of Taxology Inc. The company noted that Kelly was a highly experienced professional who was a CIA (certified internal auditor) and held 16 years of experience as a CPA. The news release noted that the audit was expected to be concluded by the first half of June.
The chairman of the company, John O’Shea, spoke about the move and reiterated CYIOS Corp.’s commitment to its shareholders. He noted that the company was fully committed to the maintenance of the confidence and trust of its valued shareholders and future partners. The financial audit for the fiscal years 2022 and 2023 was going to be a key initiative that would be of considerable benefit to not only the company but also its shareholders.
O’Shea also stated that the management believed that the audit would also help in adding considerable value to the range of initiatives and transactions that CYIOS Corp. was working on. Due to the higher accuracy and reliability of audited results, it would be possible for the shareholders to make better decisions in terms of making investments. It could be a good idea for investors to add CYIOS Corp. stock to their watch lists.
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