FORT MYERS, Fla., July 19, 2016 (GLOBE NEWSWIRE) -- WhereverTV Broadcasting Corp. (OTC:TVTV), a leader in delivering Over the Top (OTT) subscription television services to a variety of devices including smartphones, TabletPCs, streaming media players, computers and connected TVs, announced today that it has officially completed and signed off on an audit of its financials. Under new management, the Company has completed audits of its operations for fiscal years 2013, 2014 and 2015. The audit was completed by Hacker, Johnson & Smith PA. The Company intends to submit updated financial information to OTC Markets in the near term.
“We consider the completion of this audit as a significant milestone and transition point. It is an instrumental step in becoming current, and more responsive to shareholders and the investment community. But more importantly, gives the opportunity to focus entirely on the business of content acquisition and content distribution through our Over the Top Internet TV platform,” said Edward D. Ciofani, the Chairman and CEO.
The Company recently announced the soft launch of its new website and transition to offering subscription packages.
About WhereverTV Broadcasting Corporation (Symbol: TVTV)
Founded in 2007, WhereverTV is the next generation subscription television service providing consumers with live-streaming, genre-specific, and in-language viewing choices from around the world, delivered to anywhere in the world, and through any internet enabled device. Programming is identical to existing broadcast and distribution providers with the only differences being that the broadcast signals are accessed through the internet via an over the top (OTT) platform, and channel management is handled by company’s patented Interactive Program Guide (IPG) technology. WhereverTV provides an economically beneficial and completely versatile alternative to traditional cable and satellite services, with the added benefits of personalization and portability. Also known as Internet TV, WhereverTV delivers these same channels, shows and events to SmartTVs and digital media receivers including: GoogleTV, AppleTV, Roku, Amazon Fire TV, iPhone, iPad, iPod Touch, Droid Smartphone, and TabletPCs. The WhereverTV platform enables subscribers to access licensed and free-to-air content across these devices with the IPG across unlimited geographies, and wherever there is internet connectivity. The customer viewing experiences are based on customer location (geo-targeting) and content-rights management (subscriptions). Current in-language subscription offerings include Arabic TV, French TV, Italian TV, and Moroccan TV. Current genre specific subscriptions include NEWS channels, faith based channels and more. Apps are presently available for free in App Stores for iOS (Apple), Android and Amazon Fire TV devices. DVR functionality to record your shows and view later is presently in the works. Licensed US TV content subscriptions will be available in 2015. Please visit: www.wherever.tv, for more info.
This news release contains forward-looking statements, which may not be based on historical facts. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results events or developments to be materially different from any future results, events or developments expressed or implied by such forward-looking statements. These factors should be considered carefully and readers are cautioned not to place undue reliance on such forward-looking statements. Except as required by applicable securities laws, the Company disclaims any obligation to update any such factors or to publicly announce the results of any revisions to any of the forward-looking statements contained herein to reflect future results, events or developments.
Contact: Ph: (239) 319-2692 Email: firstname.lastname@example.org
Source:WhereverTV Broadcasting Corporation