SOURCE: The Chron Organization

June 15, 2016 09:00 ET

The Chron Organization, Inc. Commences Audit for 2014 and 2015 Records

DALLAS, TX--(Marketwired - Jun 15, 2016) - The Chron Organization, Inc. (OTC PINK: CHRO), announced today that the Company has engaged the Plano-based CPA firm, Montgomery Coscia Greilich LLP ("MCG") to audit its accounting records, along with other required components for 2014 and 2015. The work shall encompass all accounting aspects and the related statements of operations, comprehensive income, stockholders' equity and cash flows for the years then ended.

For publicly owned companies to be traded on the OTC QB, they must have a minimum of two years of audited financials and start reporting with the SEC. The target date for completion of the Company's comprehensive audits by MCG is September 1st, 2016. Shortly thereafter, the Company plans on making the necessary filings to uplist from the OTC PINK to the OTC QB. 

CHRON's President, Alex Rodriguez, said, "I cannot even begin to convey the excitement that I have about this news. It is a monumental step towards the development and maturation of our Company. Moreover, we are confident that The Completion of these audits will put us on the pathway toward uplisting to the appropriate exchange wherein we can better accommodate our goals to ultimately move up to a primary stock exchange such as the NYSE-MKT, NYSE or the NASDAQ."

Byron Young, Chairman of CHRON, added, "We are committed to our long term goal to increase the value of our stock and these audits represent a necessary and important step toward that end. This is consistent with our investor relations strategy; we want to be fully reporting, fully transparent in all aspects of our business."

ABOUT THE CHRON ORGANIZATION, INC.
The Chron Organization, Inc. (OTC PINK: CHRO) is a 21st century services company providing state-of-the-art Smart Home technologies and the next generation in energy utility services. The Company provides homeowners and businesses with the latest in security, monitoring and automation controls enabling homeowners and businesses to have a Smart Home and a Smart Business at an affordable price. CHRON combines that with its cloud-based, green energy services, reducing both their carbon footprint and their monthly energy expense. The Company's plan is to capture 5% of homeowners, while dramatically reducing the nation's peak electricity demand. To learn more about Chron Home Services, please visit the website at www.chronhomeservices.com.

ABOUT MONTGOMERY COSCIA GREILICH LLP
Montgomery Coscia Greilich LLP (MCG) is a full-service professional accounting firm that offers traditional accounting services, as well as transaction advisory, financial advisory, and strategy and management consulting. Its partners' and professionals' specialized skills, knowledge, and experience across practice areas and business sectors, combined with its policy of cross-functional collaboration and teamwork, allow the firm to approach every client's need with care, creativity, and efficiency. To learn more about MCG's services, click here.

FORWARD-LOOKING STATEMENTS
This press release may contain forward-looking statements. The words "believe," "expect," "should," "intend," "estimate," "projects," variations of such words and similar expressions identify forward-looking statements, but their absence does not mean that a statement is not a forward-looking statement. These forward-looking statements are based upon the company's current expectations and are subject to a number of risks, uncertainties and assumptions. The company undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. Among the important factors that could cause actual results to differ significantly from those expressed or implied by such forward-looking statements are risks that are detailed in the company's filings at www.OTCMarkets.com.

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