Before the opening bell, Agora Holdings, Inc. (OTC: AGHI)
announced a major milestone in its efforts to become a fully reporting company,
as BF Borgers CPA PC, an independent accounting and auditing firm, has
completed the audit of its fiscal years ended December 31, 2014 and 2015.
Agora’s audited financial results are expected to be posted to the company’s
filings on OTC Markets, and a review of its interim report for the three months
ended March 31, 2016, is already underway. When completed, Agora will have all
of its current reports filed, marking a significant step toward increased
corporate transparency and a potential uplisting to the OTCQB Venture Market.
“The Company is moving in a very positive direction,” Danail
Terziev, chief executive officer of Agora, stated in this morning’s news
release. “As we keep moving forward, we are confident that our shareholders
will be rewarded given the performance of our company in the marketplace and
its future potential.”
In addition to its focus on becoming a fully reporting
entity, Agora has remained steadfast in its efforts to progress toward the
release of its FRAME social media management software in the coming weeks. Last
month, the company announced that its subsidiary, Geegle Media, was addressing
minor issues discovered during FRAME’s prerelease. Upon launch, the platform
will enable businesses to streamline their social media distribution,
conveniently delivering brand-relevant messages across a number of social media
networks from a single, centralized dashboard. Although not specifically
referenced in this morning’s update, Terziev did indicate that big news could
be on the horizon for Agora.
“We look forward to announcing more exciting news very
soon,” he stated.
In February, Agora unveiled a newly-enhanced version of its
FRAME social media management software that had been optimized for use by
businesses, public relations firms and investor relations agencies. Featuring
seamless integration with leading social networks such as Twitter (NYSE: TWTR),
Facebook (NASDAQ: FB) and Instagram, FRAME was hailed as a ‘faster, more
efficient and easier way’ for organizations to deliver brand-relevant messages
to their followers. Unlike competitor systems, FRAME is expected to provide the
option to schedule posts from a truly user-friendly platform, addressing a
currently underserved portion of the greater social media management market.
“The concept of a built-in analytics system with the option
to schedule posts is not new,” added Terziev. “What IS new is our concept of
delivering this platform without the usual problems associated with competitor
systems. A truly user-friendly social media management and engagement tool has
yet to be built, and Geegle Media sees the opportunity and capability to
deliver on this need.”
For more information, visit www.agoraholdingsinc.com
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