Buscar Company Advances Toward Fully Reporting Status and OTCQX Uplisting with Appointment of Barton CPA PLLC and SEC Legal Counsel

Rhea-AI Summary

Buscar Company (OTC: CGLD), a diversified holding company, has announced significant steps toward achieving fully reporting status with the SEC and uplisting to the OTCQX Market. The company has engaged Barton CPA PLLC, a PCAOB-registered firm, to conduct a comprehensive audit and retained specialized SEC legal counsel to prepare and file a Form 10. Led by CEO Alexander Dekhtyar, Buscar operates across natural resources, sustainable technologies, and pharmaceuticals through its subsidiaries: Eon Discovery Inc. (gold mining), Terramer Inc. (biodegradable bioplastics), and Armorgenix (pharmaceuticals). The company's strategic initiatives aim to enhance transparency, meet OTCQX's stringent financial standards, and improve shareholder value through increased market visibility and liquidity.

Positive

• Engagement of PCAOB-registered Barton CPA PLLC for comprehensive audit indicates commitment to financial transparency
• Strategic move toward OTCQX uplisting could enhance market visibility and liquidity for shareholders
• Diversified business model across multiple growth sectors (natural resources, sustainable tech, pharmaceuticals)
• Leadership by experienced CEO with 25+ years of financial expertise

Negative

• Current non-reporting status suggests limited financial transparency
• No guarantee of successful completion of audit or uplisting process
• Potential delays or challenges in meeting SEC reporting requirements
• Multiple regulatory hurdles and uncertainties in achieving OTCQX listing standards

News Market Reaction

-25.81%

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-25.81% News Effect

On the day this news was published, CGLD declined 25.81%, reflecting a significant negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

BEVERLY HILLS, Calif., June 23, 2025 /PRNewswire/ -- Buscar Company (OTC: CGLD), a diversified holding company focused on natural resources, sustainable technologies, and pharmaceuticals, proudly announces key steps toward achieving fully reporting status with the U.S. Securities and Exchange Commission (SEC) and uplisting to the OTCQX Market, the premier tier of OTC Markets. Under the leadership of Chairman and CEO Alexander Dekhtyar, a globally recognized financial strategist with over 25 years of experience, Buscar has engaged Barton CPA PLLC, a PCAOB-registered firm led by Managing Partner Dan Barton, CPA, CIA, to conduct a comprehensive audit. The company's dedicated accounting team is working closely with Barton CPA PLLC to ensure compliance with SEC reporting standards.

In addition, Buscar has retained a specialized SEC law firm to prepare and file a Form 10, a critical milestone in its journey to become a fully reporting company. These strategic initiatives reflect Buscar's commitment to transparency, regulatory excellence, and its goal of uplisting to the OTCQX Market, which is renowned for its high financial standards, robust disclosure requirements, and enhanced investor visibility.

About Barton CPA PLLC

Barton CPA PLLC, a PCAOB-registered public accounting firm headquartered in Houston, Texas, delivers exceptional audit, tax, and bookkeeping services tailored to meet the unique needs of businesses worldwide. Led by Managing Partner Dan Barton, CPA, CIA, the firm leverages over 150 years of collective experience, including 100 years at Big Four accounting firms and seven years at the PCAOB, to provide trusted advisory services. Serving clients from publicly traded companies on NASDAQ, NYSE, and OTC Markets to startups pursuing crowdfunding, Barton CPA PLLC is committed to accuracy, efficiency, and year-round partnership. The firm empowers businesses with personalized solutions, ensuring compliance and strategic growth with conviction and clarity.

Path to OTCQX

The OTCQX Market requires companies to meet stringent financial standards, maintain transparent disclosures, and uphold strong corporate governance. By pursuing fully reporting status and an OTCQX uplisting, Buscar aims to enhance its market presence, attract a broader investor base, and provide greater liquidity for shareholders. The audit process, led by Barton CPA PLLC, and the Form 10 filing, supported by Buscar's SEC legal counsel, are integral to achieving these goals.

"We are committed to meeting the highest standards of financial transparency and governance," added Mr. Dekhtyar. "Our efforts to uplist to OTCQX reflect our dedication to building trust with our shareholders and positioning Buscar as a leader in our industries."

About Buscar Company

Buscar Company (OTC: CGLD) is a diversified holding company focused on natural resources, sustainable technologies, and pharmaceuticals. Headquartered in Beverly Hills, California, Buscar oversees Eon Discovery Inc., which manages gold mining operations in California's Plumas National Forest; Terramer Inc., a leader in hemp-based biodegradable bioplastics; and Armorgenix, a pharmaceutical innovator specializing in detoxification and antiviral solutions. Established through a strategic evolution, including a 2020 reverse merger with Eon Discovery, Buscar is committed to driving growth and delivering shareholder value through innovation and diversification.

Forward-Looking Statement

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical facts, included in this press release that address activities, events, or developments that Buscar Company (OTC: CGLD) expects, believes, or anticipates will or may occur in the future are forward-looking statements. These statements include, but are not limited to, the Company's plans to achieve fully reporting status with the U.S. Securities and Exchange Commission, its pursuit of uplisting to the OTCQX Market, the anticipated outcomes of its audit process with Barton CPA PLLC, the filing of a Form 10, and expectations regarding enhanced market presence, investor base expansion, and shareholder liquidity.

These forward-looking statements are based on management's current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied. These risks include, but are not limited to, challenges in completing the audit process, delays or difficulties in meeting SEC reporting requirements, failure to meet OTCQX listing standards, market conditions affecting liquidity or investor interest, and other regulatory, operational, or economic factors. For a detailed discussion of these risks, please refer to the Company's filings with the SEC. Buscar Company undertakes no obligation to update or revise any forward-looking statements to reflect events or circumstances occurring after the date of this press release, except as required by law.

CONTACT:
Alexander Dekhtyar, CEO
Buscar Company
Beverly Hills, CA
office@cgld.email

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SOURCE Buscar Company (CGLD)

FAQ

What steps is CGLD taking to uplist to OTCQX?

CGLD is engaging Barton CPA PLLC for a comprehensive audit and has retained SEC legal counsel to prepare and file a Form 10, working toward achieving fully reporting status as required for OTCQX uplisting.

Who is the CEO of Buscar Company (CGLD)?

Alexander Dekhtyar serves as Chairman and CEO of Buscar Company, bringing over 25 years of experience as a globally recognized financial strategist.

What are the main business segments of Buscar Company (CGLD)?

Buscar operates through three main subsidiaries: Eon Discovery Inc. (gold mining in Plumas National Forest), Terramer Inc. (hemp-based biodegradable bioplastics), and Armorgenix (pharmaceutical solutions).

What benefits would OTCQX uplisting bring to CGLD shareholders?

Uplisting to OTCQX could provide enhanced market presence, broader investor base access, greater liquidity for shareholders, and improved transparency through stricter reporting requirements.

When did Buscar Company (CGLD) complete its reverse merger?

Buscar Company completed a reverse merger with Eon Discovery in 2020 as part of its strategic evolution.