Critical Solutions, Inc. Acquires Universal Systems, Inc., and Engages Pubco Reporting Solutions for Path to Uplisting
13 August 2021 - 12:00AM
InvestorsHub NewsWire
Critical Solutions, Inc.
Acquires Universal Systems, Inc., and Engages Pubco Reporting
Solutions for Path to Uplisting
Acquisitions for Digital Media Production &
Continues Process for Accounting Consolidation and
Auditing
SHERIDAN, WY -- August 12, 2021 -- InvestorsHub
NewsWire -- Critical Solutions, Inc. (OTC
PINK: CSLI) formally announces the ownership of
controlling interest of Universal Systems, Inc. (OTC
PINK: UVSS) and provides shareholder updates regarding key
events for the company's growth and uplisting path.
Mr. Sam Barraza, CEO of MKH Ventures, states:
''We are extremely pleased to announce the appointment of Andrew
Lane as CEO of Universal Systems, Inc. Andrew Lane, a well-known
and Billboard Award winning, multi-Platinum producer, has been
designated the President and CEO. "
Mr. Barraza adds: "With our latest acquisition,
Critical Solutions has now become a fully diversified holding
company with company assets in a wide variety of high growth
industries such as cannabis, digital media, and NFT development.
For the consolidation of reporting, we have engaged Pubco Reporting
Solutions which specializes in Outsourced CFO services, financial
reporting and U.S. Securities and Exchange Commission ("SEC")
regulatory compliance solutions for public companies. PubCo
Reporting Solutions partners with management teams offering
internal control assessment and implementation services as well as
assisting them with complex financial reporting
requirements. Among our goals since becoming a public company
is 1) the consolidation and merger of MKH Ventures and Critical
Solutions, Inc, which we expect to complete during 3 Quarter 2021
and 2) completion of an initial independent audit, which is the
first step to become a fully SEC reporting company. Pubco Reporting
Solutions will assist us in the preparation of financial statements
that we plan to have audited by a PCOAB auditor prior to reporting
with the SEC. We believe this is the best path supporting our
goals for an upgrade to the OTCBB quotation tier and eventually to
listing with a national exchange. Pubco Reporting has extensive
experience in assisting public companies in completing these
important objectives, and we welcome Pubco Reporting Solutions to
the CSLI team. We have uploaded the OTC 2nd Quarter Disclosure
which begins to reflect key acquisitions such as Rodedawg
International and will utilize Pubco Reporting Solutions for future
disclosures."
Mr. Munck, Vice President of Business Development,
states: "We are also excited to announce the
following:
- Universal Systems, Inc. (OTC
PINK: UVSS) – OTC Markets Application has been submitted and
OTC Markets is already displaying the Officers and contact
information has been updated. We have contacted the Transfer Agent
and verified the share structure of 246,049,052 Outstanding and
76,836,847 shares in the Float. The company will be renamed Digital
Distro Solutions. The focus of the incoming company is providing
digital production and distribution with NFT/Crypto services. Mr.
Lane is well known for his numerous credits including work with
Disney while also managing talent that has a collective following
of over half billion social followers. The company is currently in
negotiations for musical scores, soundtrack development, and
original music composition for two upcoming feature
productions.
- Rodedawg International Industries, Inc. (OTC
PINK: RWGI) – On August 5th, 2021, OTC Disclosures and Opinion
Letter were posted. We expect Rodedawg to be designated Pink
Current very soon. In the interim, multiple merger candidates from
the cannabis industry are in negotiations.
- Global Green Solutions, Inc. (OTC
PINK: GGRN) – Updated OTC Disclosures were posted August 10,
2021. The new President, Ryan Messer, is working with our team to
complete the removal of the CE designation with OTC Markets. We
believe this could happen during 3 Quarter 2021. We currently own
4.9% shares of the common stock outstanding. This company is
primarily focused on providing consulting services to the cannabis
industry.
- E-Med Future, Inc.- Revised OTC Disclosures were
posted on July 30th, 2021. During 1 Quarter 2021, we acquired 4.9%
of the common stock outstanding for E-Med Holdings (OTC
PINK: EMDF) to expand our reach into the media and film
industry. This is a well-funded entertainment and film production
company that is currently in pre-production. Our leadership are
also supporting the executives of Garrison Film (the incoming
merger company) toward becoming Pink Current during 3 Quarter 2021.
This venture is a perfect complement to our UVSS/Digital Distro
Solutions acquisition.
Mr. Munck concludes: "We believe this to be an
exciting time for our shareholders as our investments of time,
energy, and money are beginning to contribute to our revenue growth
and overall valuation of Critical Solutions, Inc. Our new IR and PR
teams will be working closely with us to ensure our shareholders
will continue to have updates that will bolster shareholder value,
liquidity/volume of trades, and ultimately price per share. Our new
IR team will be responsible for ongoing communication at ir@mkh-ventures.com".
About MKH Ventures,
LLC
MKH Ventures is a diversified holding company. MKH
Ventures acquires and invests in emerging growth and profitable
companies in the Cannabis, Crypto, and Real Estate
markets.
To subscribe to company updates, please visit the
Company's website at www.MKH-Ventures.com.
Also note the company has updated its Twitter
address to https://twitter.com/MKHVentures.
About Rodedawg
International Industries
OTC PINK: RWGI – Is a wholly owned subsidiary with
the company becoming a licensed cannabis delivery service focused
to the Los Angeles County, Orange County, San Diego County
markets.
Twitter address to https://twitter.com/RWGIMerger
About Universal Systems,
Inc.
OTC PINK: UVSS – Digital Distro Solutions is a
wholly owned subsidiary with the company becoming a
film/tv/social/music content production company that manages talent
and digital distribution of media assets.
Contact
Information:
CSLI Shareholder/Investor inquiries can be
directed to:
MKH Ventures, LLC
1-800-395- 6811
ir@mkh-ventures.com
Safe Harbor Statement: In
addition to historical information, this press release may contain
statements that constitute forward-looking statements within the
meaning of the Securities Act of 1933 and the Securities Exchange
Act of 1934, as amended by the Private Securities Litigation Reform
Act of 1995. Forward-looking statements contained in this press
release include the intent, belief, or expectations of the Company
and members of its management team with respect to the Company's
future business operations and the assumptions upon which such
statements are based. Prospective investors are cautioned that any
such forward-looking statements are not guarantees of future
performance, and involve risks and uncertainties, and that actual
results may differ materially from those contemplated by such
forward-looking statements. Factors that could cause these
differences include, but are not limited to, failure to complete
anticipated sales under negotiations, lack of revenue growth,
client discontinuances, failure to realize improvements in
performance, efficiency and profitability, and adverse developments
with respect to litigation or increased litigation costs, the
operation or performance of the Company's business units or the
market price of its common stock. Additional factors that would
cause actual results to differ materially from those contemplated
within this press release can also be found on the Company's
website. The Company disclaims any responsibility to update any
forward-looking statements.
SOURCE: MKH Ventures,
LLC.
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