Operational improvements increase scalability and build corporate strategy
PHOENIX, AZ / ACCESSWIRE / February 18, 2022 / Business Warrior Corp. (OTC PINK:BZWR), the source for small businesses in America to get more customers, is today providing an update on its progress toward becoming a fully reporting company and highlighting initiatives to help the Company scale its operations.
In conjunction with its ongoing audit, Business Warrior has identified shares that were not reflected by the transfer agent. This has been updated and the accurate number of outstanding shares is now shown on OTC Markets.
The shares represent private investments into the Company, a small debt exchange and employee bonuses. These transactions were properly recorded in the Company's previous financial statements and Disclosure Statements; additionally, they are restricted and do not affect Business Warrior's float.
"As a result of this finding, we have implemented new processes to ensure that all transactions are recorded in real-time and confirmed with the transfer agent," states CEO Rhett Doolittle. "Overall, this audit process has helped to strengthen our internal operations and to identify new initiatives that support continued corporate growth."
Throughout the audit process, Business Warrior has initiated several steps to improve its operations and scalability, including:
- Hired a Controller to give us better financial visibility and future projections
- Completed internal projects to improve the Company's Customer Relationship Management (CRM) system, which leads to a more robust and premium customer experience
- Hired a full-time underwriter for the Business Warrior Funding solution
- Hired additional administrative support with specific emphasis on legal and stock issuance matters
About Business Warrior
Business Warrior is the source for small businesses in America to enhance their brand and boost marketing results. The Business Warrior software takes a holistic view of a business's online reputation, listings, website search results and social media. Predictive algorithms are utilized to recommend the most imperative actions needed to drive new customers, positively impact daily operations and improve profitability. For more information, please visit BusinessWarrior.com.
Forward Looking Statements:
This press release and the offering materials may contain forward-looking statements and information relating to, among other things, the company, its business plan and strategy, and its industry. Forward-looking statements are neither historical facts nor assurances of future performance. They are based on the current beliefs of, assumptions made by, and information currently available to the company's management regarding the future of the company's business, future plans and strategies, anticipated events and trends, the economy and other future conditions. When used in the offering materials, the words "aim," "estimate," "project," "believe," "anticipate," "intend," "envision," "estimate," "expect," "future," "goal," "hope," "likely," "may," "plan," "potential," "seek," "should," "strategy," "will" and similar references to future periods are intended to identify forward-looking statements, which constitute forward looking statements. These statements reflect management's current views with respect to future events and are subject to inherent risks, uncertainties and changes in circumstances that are difficult to predict (many of which are outside of the company's control) and could cause the company's actual results to differ materially from those contained in the forward-looking statements. Investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made. All subsequent written and oral forward-looking statements concerning the company, the offering or other matters, are expressly qualified in their entirety by the cautionary statements above. The company does not undertake any obligation to revise or update these forward-looking statements to reflect events or circumstances after such date or to reflect the occurrence of unanticipated events.
Investor Relations:
Jonathan Brooks
Investors@BusinessWarrior.com
(855) 884-5805
SOURCE: Business Warrior Corporation
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https://www.accesswire.com/689400/Business-Warrior-Announces-Update-on-Audit
