Pervasip Announces Hiring of Marcum LLP to Conduct Financial Audit
Pervasip hired national independent registered public accounting firm, Marcum LLP, to audit in accordance with the standards of the Public Company Accounting Oversight Board ("PCAOB") 3 years of financial results for all entities associated with newly acquired Artizen Corporation.
""We have engaged with Marcum LLP to provide a first ever financial audit for the operating companies that comprise Artizen Corporation." George Jordan, CFO & COO
SEATTLE, WASHINGTON, FEBRUARY 1, 2022
Pervasip Corp. (OTC: PVSP) (“Pervasip” or the “Company”), a developer of companies and technologies in high value emerging markets, and its subsidiaries, Artizen Corporation (“Artizen”) and Zen Asset Management LLC (“ZAM”), a diversified asset management company that was founded to acquire, develop, and support companies and technologies in the cannabis industry, today announced that it is in the process of completing the annual audit of its financial statements.
Pervasip hired a national independent registered public accounting firm, Marcum LLP, to audit in accordance with the standards of the Public Company Accounting Oversight Board ("PCAOB") 3 years of financial results for all entities associated with newly acquired Artizen Corporation, which will allow Pervasip to issue consolidated audited financials for the newly combined companies.
"We have engaged with Marcum LLP to provide a first ever financial audit for the operating companies that comprise Artizen Corporation. We expect to file our consolidated financial statements next month using the alternative reporting requirements of OTC Markets, and to follow up shortly thereafter with our PCAOB audited financials. This is another step in our strategic plan to solidify our company's foundation, create transparency for our shareholders and organize for material growth in revenue and EBITDA over the next 24 months," said George Jordan, the company's Chief Financial Officer.
Pervasip Corporation (PVSP) is a developer of companies and technologies in high value emerging markets and owns 100% of Artizen Corporation (“Artizen Corp”). Artizen Corp’s wholly owned subsidiary, Zen Asset Management LLC (“ZAM”), is a diversified asset management company founded to acquire, develop, and support companies and technologies in the cannabis industry. ZAM’s existing clients operate four licensed cannabis cultivation and one processing facility in Washington. Most of the biomass produced by these independent cultivators has been sold historically under the Artizen™ brand, including all-time top selling products in flower in Washington state. For more information about Artizen branded products, visit: www.artizencannabis.com
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