In the slow and deliberate world of regulatory compliance, a Beverly Hills holding company named Buscar is working its way toward a more transparent relationship with public markets. By filing fiscal year financials and engaging a PCAOB-registered auditor, the company is laying the groundwork for SEC fully reporting status and a potential uplisting to the OTCQX Market — a journey that reflects the broader human aspiration to build trust through accountability. The road carries real uncertainty, but the direction is clear: greater openness, greater legitimacy, and a wider stage for a company wh
Buscar Company Advances Audit Process Toward SEC Fully Reporting Status
Meaningful progress in audit and regulatory compliance initiatives
Mark
So Buscar is trying to move from OTC pink sheets to OTCQX. What's the actual distance between where they are now and where they want to be?
Mimi
They've already filed their fiscal year financials for the period ending June 30, 2025, and they're working through a comprehensive audit with a PCAOB-registered firm. The next step is submitting a Form 10 to the SEC, which would make them a fully reporting company. OTCQX requires higher standards than where they trade now.
Luke
But here's what we don't know yet: how far along is the audit actually? The announcement says "notable advancements" and "key milestones achieved," but it doesn't specify what those milestones are or when the Form 10 might actually be filed. That's vague language.
Mimi
Fair point. The company is being cautious, probably because the forward-looking statement warns that audit delays and SEC compliance challenges are real risks. They're not promising a timeline.
Mark
What does Buscar actually do? Is this a real operating company or a shell?
Mimi
It's a diversified holding company with three main subsidiaries: Eon Discovery does gold mining in California, Terramer makes biodegradable bioplastics from hemp, and Armorgenix works on pharmaceuticals. So there are actual operations underneath.
Luke
But we're only seeing the holding company's consolidated financials. We don't know the profitability or cash position of any of those subsidiaries individually. The announcement doesn't give us revenue, earnings, or cash flow numbers. It just says there was "operational growth across its diversified holdings."
Mark
So this is a company trying to clean up its regulatory status. Does that automatically make it a better investment?
Mimi
It makes it more transparent and accessible to institutional investors who won't touch pink sheet stocks. But transparency about what? We still don't know the actual financial health of the business.
Luke
Exactly. Becoming fully reporting is a governance achievement, not a business achievement. It's necessary but not sufficient. The real question is whether the underlying businesses are actually generating value.
The Pulse
- Buscar Company, trading as CGLD over-the-counter, is racing to close the credibility gap that separates small holding companies from the scrutiny and protections of full SEC reporting.
- The company filed fiscal year financials in August 2025 and is now deep in a comprehensive audit with Houston-based Barton CPA PLLC — a firm carrying over 150 years of combined professional experience — with a Form 10 submission to the SEC as the target.
- OTCQX uplisting demands rigorous financial standards and transparent governance, raising the stakes for every audit finding and regulatory checkpoint along the way.
- Buscar has retained SEC legal counsel and positioned its diversified portfolio — gold mining, biodegradable bioplastics, and pharmaceutical detoxification — as the foundation for a credible growth story.
- The company openly acknowledges that audit delays, SEC compliance hurdles, and market volatility could derail the effort, but characterizes recent progress as meaningful acceleration toward its goal.
In the slow and deliberate world of regulatory compliance, a Beverly Hills holding company named Buscar is working its way toward a more transparent relationship with public markets. By filing fiscal year financials and engaging a PCAOB-registered auditor, the company is laying the groundwork for SEC fully reporting status and a potential uplisting to the OTCQX Market — a journey that reflects the broader human aspiration to build trust through accountability. The road carries real uncertainty, but the direction is clear: greater openness, greater legitimacy, and a wider stage for a company whose interests span gold mining, bioplastics, and pharmaceuticals.
Buscar Company, a Beverly Hills-based holding company trading over-the-counter under the ticker CGLD, announced in October 2025 that it has made substantial progress toward becoming a fully reporting company with the Securities and Exchange Commission. After filing fiscal year financial statements for the period ending June 30, 2025, on OTC Markets in August, the company has been working through a comprehensive audit with Barton CPA PLLC, a PCAOB-registered firm based in Houston. That audit is designed to support the eventual submission of a Form 10 to the SEC — the critical filing that would open the door to uplisting on the OTCQX Market.
Buscar operates across a notably diverse range of industries. Its portfolio includes Eon Discovery Inc., which conducts gold mining in California's Plumas National Forest; Terramer Inc., which develops hemp-derived biodegradable bioplastics; and Armorgenix, a pharmaceutical venture focused on detoxification and antiviral treatments. The company was formed through a reverse merger with Eon Discovery in 2020.
Leading the charge is CEO and Chairman Alexander Dekhtyar, a veteran of global financial strategy with more than 25 years of experience. The audit is being handled by Managing Partner Dan Barton, a CPA and certified internal auditor whose firm draws on deep Big Four and PCAOB experience. Buscar has also retained SEC legal counsel to guide its regulatory transition.
Achieving OTCQX status requires meeting high financial standards and demonstrating strong corporate governance — a bar that comes with real risks. The company acknowledged that audit delays, SEC compliance challenges, and market volatility could all affect the outcome. Still, if successful, fully reporting status would expand Buscar's market reach, improve shareholder liquidity, and strengthen investor confidence across its natural resources, sustainable technology, and pharmaceutical operations.
Buscar Company, a Beverly Hills-based holding company trading over-the-counter under the ticker CGLD, announced on October 22 that it has made substantial headway in its audit process and is moving closer to becoming a fully reporting company with the Securities and Exchange Commission. The company filed its fiscal year financial statements covering the period that ended June 30, 2025, on OTC Markets in August, and has since been working through a comprehensive audit with Barton CPA PLLC, a firm registered with the Public Company Accounting Oversight Board. That audit work is intended to support the eventual submission of a Form 10 to the SEC, a filing that would mark a significant step toward the company's stated goal of uplisting to the OTCQX Market.
Buscar operates as a diversified holding company with interests spanning natural resources, sustainable technologies, and pharmaceuticals. The company's portfolio includes Eon Discovery Inc., which conducts gold mining operations in California's Plumas National Forest; Terramer Inc., which develops hemp-derived biodegradable bioplastics; and Armorgenix, a pharmaceutical venture focused on detoxification and antiviral treatments. The company was formed through a reverse merger with Eon Discovery in 2020 and is headquartered in Beverly Hills, California.
Leading the effort is Alexander Dekhtyar, the company's chairman and chief executive, who brings more than 25 years of experience in global financial strategy. Barton CPA PLLC, based in Houston and led by Managing Partner Dan Barton, a certified public accountant and certified internal auditor, is handling the audit work. The firm draws on more than 150 years of combined professional experience, including extensive background with Big Four accounting firms and PCAOB oversight, according to the company's announcement.
The path to OTCQX uplisting requires companies to meet high financial standards, maintain transparent reporting practices, and demonstrate robust corporate governance. Buscar has retained SEC legal counsel to support its transition and has already completed the foundational fiscal year filing. The company characterized these recent audit advancements as accelerating its journey toward fully reporting status. In a statement, Dekhtyar said the company was pleased to report meaningful progress in its audit and regulatory compliance work since the August financial filing, describing the developments as evidence of the company's commitment to achieving fully reporting status and OTCQX uplisting while fostering greater transparency and value for shareholders.
The company's announcement included a forward-looking statement acknowledging that the path ahead carries risks and uncertainties. Potential obstacles include audit delays, SEC compliance challenges, failure to meet OTCQX criteria, and market volatility. The company noted that actual outcomes could differ materially from current management expectations and disclaimed any obligation to update forward-looking statements beyond what is legally required. Buscar's move toward fully reporting status, if successful, would expand its market reach, improve liquidity for shareholders, and potentially boost investor confidence in the diversified holding company as it pursues growth across its natural resources, sustainable technology, and pharmaceutical operations.
Notable Quotes
We are pleased to report meaningful progress in our audit and regulatory compliance initiatives since our August financial filing. These developments underscore our dedication to achieving fully reporting status and OTCQX uplisting, fostering greater transparency and value for our stakeholders.— Alexander Dekhtyar, Chairman and CEO of Buscar Company
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