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Exeo Entertainment, Inc. Confirms IPO Plans
Exeo Entertainment, Inc. has confirmed that they intend on taking the necessary steps to have their shares quoted on the OTCBB.
Mr. Amaral stated that Exeo Entertainment, Inc. is presently in discussions with auditors to audit the company's financial statements. "In order to become a fully reporting company a financial audit is mandatory and one of the first steps in having the company shares traded on the OTCBB" he stated.
Access to capital only available in the public markets is critical for the proper execution of our business model.
About the Company
Exeo Entertainment, Inc. is a development stage Nevada Corporation formed in May 2011 for the purpose of manufacturing, distributing, developing, and acquiring a portfolio of intellectual property rights within the $39.1billion dollar video gaming industry and growing Smart TV sector. We seek to expand our current product portfolio through exclusive licensing agreements, strategic acquisitions, and in house product development. We seek to identify and acquire first to market products which have demonstrated market acceptance and are capable of becoming leaders within their category.
Safe Harbor Statement
This press release contains forward-looking statements, particularly as related to, among other things, the business plans of the Company, statements relating to goals, plans and projections regarding the Company’s financial position and business strategy. The words or phrases “would be,” “will allow,” “intends to,” “may result,” “are expected to,” “will continue,” “anticipates,”