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Pareteum Announces Full Year 2018 Restated Financial Results
A Significant Milestone and Progress in the Restatement
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Pareteum Corporation (OTC Pink Open Market: TEUM
), a global cloud communications platform company, today announced that it has completed the restatement of operating and financial results for the full year ended December 31, 2018 and the interim periods within fiscal 2018. The Company expects to complete the process and file full year 2019 financial information in late 2020 or early January 2021 and become current with respect to the filing of its financial results for the first three quarters of fiscal 2020 shortly after filing its Annual Report on Form 10-K for the 2019 fiscal year. Over the last year, the Company implemented significant changes to strengthen governance and management, and effected additional remedial measures and controls. Pareteum s Board of Directors is committed to the highest managerial and gover