The New America Energy Corp (OTCMKTS:NECA) stock is flying again this morning and has jumped by 50% so far to take its gains for the week to 122%.
This morning the stock rallied after the company announced that it signed an Arrangement Letter with Colorado based B.F. Borgers CPA PC. It is an important step for the company considering the fact that it is trying to become a fully reporting company and the auditor is going to help New America Energy in achieving that.
The auditor is going to shift its focus to the financial years 2019 and 2020, in addition to the company’s activities during the course of the first fiscal quarter that ended on March 31, 2021. The Chief Executive Officer of New America Energy, Jeff Canouse spoke about the matter. He stated that the company has been working particularly hard in order to complete all its filings and become complete.