NanoLogix (Sharon, Pennsylvania) reported that it will retain the services of a PCAOB registered accounting firm. The company said it intends to become a reporting entity on the NASD Bulletin Board exchange.

Once the auditors have completed the necessary audits, the company's legal counsel, the law firm of Randall S. Goulding & Associates, will prepare and file a 10-SB with the Securities and Exchange Commission with the intent of switching exchanges.