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Cuisine Solutions Releases Statement to Stockholders Regarding Changes to the OTC Markets Listing Standards.

Source: https://apnews.com/press-release/pr-newswire/business-20cd9a1ab34ba6da9b851b23e98e315c

September 21, 2021

The OTC Markets recently adopted changes to their listing standards, which now require companies to file detailed financial information. Following careful deliberation, including consultation with our legal advisors, the independent members of the company’s Board of Directors have unanimously determined that it is in the best interests of the company and its stockholders not to make financial reports publicly available based on several factors, just as it did in 2009 when the Board recommended, and the stockholders voted in favor of going private. These include enabling our management to focus on long-term growth without an undue emphasis on short-term financial results as well as the benefits of not having to reveal detailed financial and operational information to the public and our competitors.

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