NEW YORK, NY / ACCESSWIRE / October 6, 2020 / Strattner Group Corp. (OTC PINK:SCNG) also known as Strattners signs engagement letter with an independent business valuation firm to provide a Certified Business Valuation.
The analysis will be conducted in accordance with the American Institute of Certified Public Accountants Statement on Standards for Valuation Services and the National Association of Certified Valuation Analysts' (NACVA) Professional Standards for a Valuation Engagement. The estimate of value that results from a valuation engagement is expressed as a conclusion of value. The engagement will use strategic value as the standard of value.
Strattner Group Corp. CEO, Timo Strattner says that "we are entering a very exciting phase in our development. This valuation is an important step towards building shareholder value and thus build a valuation based on the strategic value of Strattner Group."
Strattner Group Corp. also known as Strattners is a publicly traded small-cap conglomerate and parent company of the Strattner portfolio of brands and subsidiaries.
Forward Looking Statements
This press release may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of the Company, to be materially different from the statements made herein.
SOURCE: Strattner Financial Group