Protect Pharmaceutical Corp.'s President, Ali Yildiz, Issues a Letter to Shareholders [Yahoo! Finance]
PROTECT PHARMS CORP (PRTT)
NASDAQ:AMEX Investor Relations:
marketwired.com/press-release/protect-pharmaceuticals-corporation-changes-business-model-pinksheets-prtt-2222390.htm
Company Research
Source: Yahoo! Finance
"February 5, 2024 Dear Shareholders: Management announces that it has finalized its 2021 and 2022 financials, and the audit can be announced as completed. The Company is drafting a Form 10 registration statement that will be filed with the SEC to resume reporting to the SEC. The Company is also close to finalizing its 2023 audited financials and believes that by the time Form 10 is completed and reviewed by its independent auditor, the 2023 audit will be completed as well. The Company expects to file Form 10 in March 2023. The audited financial statements for 2021 are expected to show that the Company had a total revenue of approximately USD 63.1 Million and an operating profit of approximately USD 8.1 Million. The 2022 audited financials are expected to show a total revenue of approximately USD 81 Million and an operating profit of approximately USD 22.4 Million. As of the third quarter of 2023, reviewed financial numbers are expected to show that the Company surpassed the pro
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