Planet Wealth Taking on the Public Market
Dear Shareholders,
I am pleased to announce we have completed our Public Company Accounting Oversight Board (PCAOB) audit, an essential milestone in enhancing transparency and accountability. This audit, performed by an independent PCAOB-registered firm, is a rigorous examination of our financial statements and internal controls, ensuring that they meet the highest accuracy, reliability, and compliance standards.
The completion of our PCAOB audit not only reflects our commitment to financial integrity, but also brings several advantages that directly benefit you, our valued shareholders:
- Foundation for Going Public: A PCAOB audit is crucial for pursuing the public marks via Form 1-A or S-1 and listing for trading on major exchanges. By completing this audit, we are a significant step closer to meeting these regulatory requirements, increasing our potential for future growth and broader access to capital markets.
- Increased Credibility: A successfully completed PCAOB audit is highly regarded in our industry, reinforcing our dedication to best practices in corporate governance. It improves our credibility with potential investors, partners, and customers, which may translate into long-term value and growth opportunities for our company.
- Enhanced Transparency: PCAOB audit standards are among the most stringent in the industry. This level of scrutiny provides greater confidence in the reliability of our financial reporting, allowing for more informed decision-making among potential investors.
- Strengthened Internal Controls: The PCAOB audit process thoroughly evaluates our internal controls, providing us the opportunity to identify and address areas for improvement. This proactive approach reduces potential financial risks and offers added protections for our company and shareholders.
The successful completion of this audit is a testament to our team’s hard work and dedication. As we look to the future, this accomplishment underscores our commitment to you, our shareholders, and our shared vision for sustainable growth and success.
Thank you for your continued trust and support. We look forward to updating you on our next steps as we explore options to maximize shareholder value and further strengthen our company’s position in the market.
Lance Woodson
Co-Founder and CEO