05 Jul 2nd Open Letter to Shareholders
I hope everyone had a happy and safe 4th of July weekend. We are all so lucky to be citizens of the United States of America. In spite of all of our Country’s challenges and differences that our nation faces, we are blessed by God in so many ways. We also want to send a very special thank you to the Armed Forces and the sacrifices that each generation has made to protect our freedoms and our country. We can’t thank you enough.
Alex and I have many goals within the company. One of the main and most important goals we have is to truly value our shareholders and customers on many levels and communicate with them on a frequent and regular basis. We want our shareholders to not just know the facts and numbers about our company, but to feel emotionally connected to the company and our mission as well. We will continue to build and foster that relationship with you as we go forward.
The Chron Organization, Inc. Update:
The excitement is continuing to build within the company. We have completed the cleanup of the company’s past and are launching the business going forward. The audit is currently under way with a goal to be completed by the end of September of this year. Once the audit is completed, our plan is to up-list to the OTC markets QB status and become fully reporting to the SEC by filing our SEC Form 10.
Our goal is to then stay on the OTC Markets exchange until we meet the listing requirements of the NASDAQ or other major exchange. Once we do, then our plan will be to up-list from the OTC to the NASDAQ as soon as possible. Also, once Chron becomes “fully reporting” on the OTC and/or NASDAQ, it is our belief that Chron will be much more attractive to larger investment banks and private investor groups as well. Toward that end, we have begun discussions with these entities, and while still preliminary, they have been positive.
Moreover, the Chron executive summary of the business plan is being circulated on a limited scale to some of these firms and the feed-back that we have been receiving has been nothing but extremely positive.
Launch Phase–Customers and Revenue:
On August 1st we will reach a MAJOR milestone and start adding customers and revenues to the company. We will be launching our new brand for our home automation and alarm products and services line-up. We will also be launching our customer-facing portal. We are literally on the cusp of fulfilling this part of the mission, which has taken over 6 months to build.
The internal excitement is intense and everyone on the Chron team is buzzing with energy and excitement. We can’t wait to share the big reveal soon! I would love to share more with you, but I can’t give away all of the secrets just yet.
We remain Sincerely Yours,
Byron Young and Alex Rodriguez