CYIO Corporation Announces Commencement of Two-Year Financial Audit Spanning Calendar Years 2022 and 2023

BOCA RATON, FL / ACCESSWIRE / May 21, 2024 / CYIOS Corp (OTC PINK:CYIO), a publicly traded holding company, is pleased to announce the initiation of a comprehensive two-year financial audit. This strategic endeavor underscores CYIO's commitment to transparency, accountability, and maintaining a higher standard of corporate governance.

The two-year audit is being conducted by Ms. Zhanna Kelley, CPA, P.C. of Taxology, Inc., a seasoned professional with over 16 years of experience as a CPA and Certified Internal Auditor (CIA) and is anticipated to be completed within the first half of June.

John O'Shea, Chairman of CYIOS Corporation, reaffirmed the company's dedication to its stakeholders, stating, "CYIOS Corporation is dedicated to maintaining the trust and confidence of our stakeholders, as well as future partners. Embarking on this audit, spanning the fiscal years 2022 and 2023, is an important initiative and we believe completing this process will be of significant benefit to the company and shareholders. This audit reaffirms our commitment to transparency by subjecting our financial processes to this comprehensive review."

"We believe this strategic corporate initiative can add significant value to various initiatives and business transactions we are working on. The objective of an audit of the financial statements is the expression of an opinion on the financial statements. Accordingly, the objective of our audit is the expression of an opinion about whether the Company's financial statements are fairly presented, in all material respects, in conformity with accounting principles generally accepted in the United States. The benefits of this financial audit extend beyond CYIOS Corporation's internal operations, resonating positively with shareholders, new stakeholders as well as future partners. With increased confidence in the accuracy and reliability of the company's financial reporting, shareholders can make more informed investment decisions. Additionally, future partners and new stakeholders can trust that CYIOS remains steadfast in its commitment to a effecting a higher level of transparency and financial integrity" concluded Mr. O'Shea.