ICON Media Holdings, Inc. Completes 2013 and 2014 Audits on the Way to Become SEC Reporting
October 05 2016 - 7:00AM
Access Wire
Company has Began Process of Completing 2015 Audit
and 2016 Year to Date 10Q's; Company to File Form 10 Upon
Completion to Become SEC Report
RALEIGH, NC / ACCESSWIRE / October 5, 2016 /
Icon Media Holdings, Inc. (OTC: ICNM) a diversified global
technology company that specializes in wireless infrastructure and
technical services via Spectrum-Velocity™ for the wireless
industry, is updating the status of the financial audit and Form 10
filing to shareholders and the investment community.
Although the Audit has taken longer than the company initially
told it will take, we are very pleased to report that the audit of
the financial statements for years 2013 and 2014 is now complete
and will be filed with OTC Markets over the next few days. The
Audit also includes all quarterly reviews for years 2013 and
2014.
We began the process to complete the 2015 Audit and 2016 year to
date quarterly statements. Given all the background detail
accounting work that has been completed for the years 2013 and
2014, the Company expects these financials to be completed within
reasonable short time.
When the Audit for 2015 is completed and the Quarterly for 2016
are current, ICNM's SEC Securities Attorneys will file the
completed Form-10 with the SEC. Once the SEC declares the Form 10
"effective", ICNM will become a fully reporting Company.
Being a fully reporting Company will enable Icon will be in a
strong position to start executing on phase two of its Business
Plan, as outlined in our ICNM Business Overview.
Rob Deakin, CEO of Icon Media Holdings, Inc. said, "It has been
a long and laborious task but the end of the audit if finally
within sight. Now that 2013 and 2014 are complete and much of the
background work is in process for 2015 and the first 3 quarters of
2016, we are nearing an end of this arduous, but necessary task and
a very positive step for ICNM's future growth."
Mr. Deakin also added, "As previously mentioned, ICNM will
become a fully reporting Company for the first time since 2003.
This represents a huge milestone for our Company and its
shareholders. It will add a great deal of value for our Company
going forward and will enable us to proceed with our business plan
of rolling up accretive acquisitions."
About Icon Media Holdings, Inc. (ICNM)
www.iconmediaholdings.com
www.spectrumvelocity.com
Icon Media Holdings (OTC: ICNM) is a diversified global
technology company that specializes in technical and infrastructure
services for the wireless industry. The Company provides turnkey
small cell network, distributed antenna systems ("DAS") and Wi-Fi
technical consulting, design and implementation services through
its subsidiary Spectrum Velocity®. Our customer base includes the
wireless industry as well as enterprise clients.
Contact:
Jerry Brown
Phone: 919.237.5700 ext. 203
info@iconmediaholdings.com
Sign up for investor updates on our website and on the investor
relations page.
Forward-Looking Statements &
Disclaimers:
The information in this Press Release includes certain
"forward-looking" statements within the meaning of the Safe Harbor
provisions of Federal Securities Laws, as that term is defined in
section 27a of the United States Securities Act of 1933, as
amended, and section 21e of the United States Securities Exchange
Act of 1934, as amended. Statements in this document, which are not
purely historical, are forward-looking statements and include any
statements regarding beliefs, plans, expectations or intentions
regarding the future. Investors are cautioned that such statements
are based upon assumptions that in the future may prove not to have
been accurate and are subject to significant risks and
uncertainties, including the future financial performance of the
Company. Although the Company believes that the expectations
reflected in its forward-looking statements are reasonable, it can
give no assurance that such expectations or any of its
forward-looking statements will prove to be correct. Readers are
cautioned not to place undue reliance on these forward-looking
statements that speak only as of the date of this release, and the
Company undertakes no obligation to update publicly any
forward-looking statements to reflect new information, events, or
circumstances after the date of this release except as required by
law.
SOURCE: Icon Media Holdings, Inc.
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