Latest news with #SEC-compliant
Miami Herald
6 days ago
- Business
- Miami Herald
Focus Universal Set to Launch Customer Testing for Revolutionary One-Click SEC Reporting Software
ONTARIO, CA / ACCESS Newswire / July 22, 2025 / Focus Universal Inc. (NASDAQ:FCUV) ("Focus" or the "Company"), a provider of patented hardware and software design technologies for the Internet of Things (IoT), 5G, and SEC Financial Reporting proprietary AI-Driven Automation Software, is pleased to announce that Focus is scheduled begin customer testing of their fully automated SEC financial reporting software on August 30, 2025. The Company also plans to launch a technology roadshow to showcase this groundbreaking platform. Interested clients, partners, corporate filers, and investors are welcome to contact Focus Universal directly at info@ or ir@ for meetings and product demonstrations. SEC financial reporting is traditionally a complex, costly, and time-consuming process. It includes: Preparing consolidated financial statements,Drafting SEC reports using various office software and / or burdensome company-wide systems,Converting those documents into fully SEC-compliant files, andAutomated embedding of tags as required for regulatory filing. For large organizations, this process can take thousands of person days. For small public companies, the entire process may take several weeks. Delays in filing can result in SEC reviews, enforcement actions, and significant penalties. Currently, several companies offer semi-automated solutions that address only part of the tagging process as part of the entire process. Focus Universal, by contrast, has developed a fully automated, end-to-end solution powered by both automation and Variegated AI, whereby Focus believes the technology enables the computer to conduct the activities for which the computer is designed and optimal and allows the human to remain within the decision loop and center upon what the human excels. With a single click, Focus' software can: Retrieve financial statements from accounting platforms,Reformat data into spreadsheets for consolidated financial reporting,Automatically generate consolidated financials,Populate the word-processed version of SEC filings,Convert the documents to SEC-compliant versions via formatting, andAutomated embedding accurate requisite tags into the HTML file - with very limited manual input. Built-in validation, including self-consistency and compliance checks, ensures accuracy and eliminates human error. Essentially, Focus believes what once took weeks of manual work can now be completed in minutes. "I'm extremely proud of what our team has achieved. We sincerely believe this milestone represents a new era for SEC financial reporting," said Desheng Wang, CEO of Focus Universal. "Unlike other companies offering partial automation, our solution provides a true one-click process from raw accounting data all the way to a complete SEC filing. After years of development, we believe we've solved the final challenge - full automated processing including the final edgarization and XBRL tagging." According to recent industry analysis, the Financial Reporting Software Market was valued at US $13.9 billion in 2022 and is projected to grow to US $36.6 billion by 2030, at a CAGR of 12.8%. The surge is driven by the increasing complexity of financial data, the high cost of compliance, and the need for scalable, efficient, and intelligent reporting tools. Focus believes this innovation does not replace the SEC-required review process but removes much of the labor-intensive, manual work, dramatically cutting preparation and revision time for public companies. As mentioned, Focus Universal cordially invites investors, industry experts, and public companies to explore potential collaborations or schedule a live demonstration during the upcoming roadshow. About Focus Universal:Focus Universal Inc. is a provider of patented hardware and software design technologies for Internet of Things (IoT) and 5G. The company has developed five disruptive patented technology platforms with 26 patents and patents pending in various phases and eight trademarks pending in various phases to solve the major problems facing hardware and software design and production within the industry today. These technologies combined to have the potential to reduce costs, product development timelines and energy usage while increasing range, speed, efficiency, and security. Focus currently trades on the Nasdaq Markets. Forward-Looking Statements:Statements in this press release about future expectations, plans and prospects, as well as any other statements regarding matters that are not historical facts, may constitute "forward-looking statements" within the meaning of The Private Securities Litigation Reform Act of 1995. The words "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "plan," "potential," "predict," "project," "should," "target," "will," "would" and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including: the uncertainties related to market conditions and the completion of the public offering on the anticipated terms or at all, and other factors discussed in the "Risk Factors" section of the preliminary prospectus filed with the SEC. Any forward-looking statements contained in this press release speak only as of the date hereof and Focus Universal specifically disclaims any obligation to update any forward-looking statement, whether because of new information, future events or otherwise. For company inquiries, please contact:Investor Relations626-272-3883ir@ SOURCE: Focus Universal Inc.
Time Business News
02-07-2025
- Business
- Time Business News
FOR IMMEDIATE RELEASE
Green Energy Global Inc. Achieves $3.6 Billion Valuation Following Strategic Asset Expansion Company Completes U.S. Public Registration, Prepares for Direct Listing Beverly Hills, CA –July 1, 2025— Green Energy Global Inc. (GEGI), a U.S.-registered public company leading the charge in sustainable energy, asset-based finance, and global clean infrastructure, proudly announces a $3.6 billion valuation following a string of high-value asset acquisitions, clean energy developments, and strategic partnerships. GEGI has completed its public registration in the United States and is preparing for a direct listing, although it is not yet publicly trading. Strategic Capitalization Summary: $1 billion in clean energy bonds exchanged for equity exchanged for equity 5 million tons of carbon credits (tCO₂e) recorded as environmental assets recorded as environmental assets $100 million in executive and founder services committed across four years committed across four years $10 million valuation of brand and intellectual property 3-year right-of-use agreement with Black Unicorn Factory's FMFE affiliate platform with Black Unicorn Factory's FMFE affiliate platform $500 million silver mine currently in production currently in production 30-year exclusive gold mining concession , launched 3 months ago , launched 3 months ago Battery manufacturing by GEGI division Green Tech USA in Victorville, CA by GEGI division in Victorville, CA Hydrogen production plant under development using water-splitting technology 'Our valuation reflects a real-world, asset-backed strategy to achieve scale and sustainability at once,' said Jeffery Thoreson , International Director of GEGI. 'As a U.S. public company preparing for listing, we're aligning all growth with long-term impact and equity-based access.' Upcoming Projects & Expansion GEGI continues to scale its clean energy and mining footprint through the following projects: Salton Sea, California – Lithium & Geothermal Acquisition Underway GEGI is in advanced talks to acquire a major parcel rich in lithium and geothermal potential in the Salton Sea region of Southern California—home to some of North America's most strategic energy reserves. GEGI is in advanced talks to acquire a in the Salton Sea region of Southern California—home to some of North America's most strategic energy reserves. PARAÍBA II – Lithium and Boron Concession in Argentina GEGI has signed a Memorandum of Understanding (MOU) to acquire the PARAÍBA II mining concession, a 3,000-hectare high-altitude property in Catamarca Province, Argentina. This volcanic region is rich in lithium and boron, with additional geological indicators for gold, uranium, and vanadium. The company expects to enter the contract phase in the coming weeks, expanding its presence in South America's lithium triangle. Path to Public Listing GEGI is progressing toward a direct NASDAQ listing, supported by: Final audited financials SEC-compliant regulatory filings Investor engagement for both institutional and retail access Revenue Streams Include: Monetized carbon offset programs Affiliate licensing through FMFE Equity-backed ventures across battery storage, renewables, and ESG-driven mining About Green Energy Global Inc. Green Energy Global Inc. (GEGI) is a U.S.-registered public company transforming clean energy markets through an asset-backed, sustainability-first approach. Its operating divisions include: Green Tech USA – Solid-state battery manufacturing (Victorville, CA) – Solid-state battery manufacturing (Victorville, CA) Advanced Minerals Technology South Korea, Inc. – Mining and resource extraction – Mining and resource extraction ROC Sciences – Environmental cleanup, remediation, and water purification With a footprint across the Americas, Asia, and Europe, and partners including FEMA, NASA, and the United Nations, GEGI delivers measurable results aligned with the United Nations Sustainable Development Goals (SDGs). Media & Investor Contact Green Energy Global Inc. (GEGI)�� 155 North Frontage Road, Pearce-Sunsites, Arizona 85625�� info@ �� | TIME BUSINESS NEWS
Associated Press
20-05-2025
- Business
- Associated Press
TrustNFT.io Launches Beta to Protect Accredited Investors After Coinbase Breach Exposes Massive KYC Risk
FRANKLIN, NEW JERSEY / ACCESS Newswire / May 20, 2025 / Silver Scott Mines, Inc. (OTC PINK:SILS) today announced the beta launch of - a blockchain-based KYC protection platform specifically built for accredited investors and high net worth individuals (HNW). This coincides with the recent reporting of a $20 million ransom demand and the information of over a million users being compromised in the latest Coinbase hack, The Coinbase attack shook investor confidence in even the most reputable crypto platforms. With names, addresses, government IDs, and account details leaked - many through insider bribery - the message is clear: centralized identity systems are no longer secure. Reinventing Investor Identity Protection leverages blockchain technology to decentralize and encrypt Know-Your-Customer (KYC) data, giving accredited investors ownership and control of their compliance credentials across investment platforms - without storing them in vulnerable central databases. 'What happened at Coinbase isn't just a breach. It's a betrayal of trust - the kind that shakes global capital markets,' said the TrustNFT development team. 'TrustNFT is our answer - built to protect the people fueling the next generation of investment.' Key Features of the TrustNFT Beta: Unlike legacy systems, TrustNFT uses non-custodial ID tokenization and blockchain auditability to ensure user privacy, even when interacting with SEC-compliant private placements or tokenized asset platforms. Join the Beta - Build the Future of Secure Compliance TrustNFT is inviting investment platforms, fund managers, and accredited investors to participate in the beta rollout at . Early participants will help shape how future private capital markets secure their most sensitive compliance workflows. 'In a world where crypto adoption is accelerating, accredited investors need a security layer that protects both their wealth and their identity. TrustNFT is here to be that layer.' - Silver Scott Digital Team About Silver Scott Mines, Inc. (OTC:SILS) Silver Scott Mines, through its digital innovation division, Silver Scott Digital, is focused on building blockchain-secured financial and identity tools that prepare markets for next-generation compliance, transparency, and user sovereignty. TrustNFT is the company's flagship platform in private market infrastructure. LinkedIn: X: Join the beta → #TrustNFT #KYCRevolution #AccreditedInvestorSecurity #OTCSILS #PrivateMarkets #BlockchainCompliance Disclaimer: TrustNFT is in beta and not a registered securities platform. Participation does not guarantee investment approval and is subject to platform terms and accreditation verification. Forward Looking Statements This press release includes forward-looking statements within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements are not historical facts and involve risks and uncertainties that could cause actual results to differ materially from those expected and projected. Words such as expects, believes, anticipates, intends, estimates, seeks and variations and similar words and expressions are intended to identify such forward-looking statements. Such forward-looking statements with respect to revenues, earnings, performance, strategies, prospects and other aspects of the businesses of Silver Scott Mines, are based on current expectations that are subject to risks and uncertainties. A number of factors could cause actual events, performance or results to differ materially from the events, performance and results discussed in the forward-looking statements. Contact Information Stuart Fine, CEO [email protected] 908-356-9852 SOURCE: Silver Scott Mines Inc press release
