Groove Botanicals, Inc. (OTC: GRVE) has completed audits for fiscal years ending March 2021 and March 2022 and filed a Form 10 registration statement with the SEC. This move aims to enhance transparency and accountability, allowing the company to potentially uplist to OTCQB or OTCQX. Additionally, Groove announced the divestment of two subsidiaries, focusing on renewable energy and EV battery technologies. These actions are expected to strengthen shareholder value and align with the company's new business model in sustainable technologies.
Groove Botanicals, Inc. (OTC: GRVE) has engaged CPA firm TAAD, LLP to audit its financial statements for FY 2020 and 2021. This move aims to enhance transparency and investor confidence by ensuring accurate financial reporting. The audits are expected to conclude by March 2022, facilitating Groove's transition to a fully reporting public company on OTC Markets. President Kent Rodriguez emphasized that TAAD's expertise will support Groove's public listing goals and commitment to health-oriented consumer products, including CBD and plant-based extracts.