LAW OFFICE OF CARL P. RANNO

CARL P. RANNO

2733 EAST VISTA DRIVE

Telephone: 602-493-0369

Email: carlranno@cox.net

Admitted in Michigan

PHOENIX, ARIZONA 85032

November 30, 2021

OTC Markets Group,

304 Hudson Street, 3rd Floor New York, NY 10013

RE: Attorney Letter for Industry Source Consulting, Inc, a Wyoming Corporation, Regarding the Issuer's Annual Report and Financial Statements for year ending December 31, 2020, and subsequent Quarterly Reports and Financial Statements.

Please be advised that I am a United States citizen and counsel for Industry Source Consulting, Inc. (INSO) hereinafter referred to as "Issuer" or "Company". I have been requested to render an opinion as to the Issuer's compliance with the Guidelines for Disclosure of Adequate Current Information. OTC Markets is entitled to rely on the current legal opinion in determining whether the Issuer has made adequate current information available within the meaning of Rule 144(c) (2) under the Securities Act of 1933.

In determining whether the Issuer has met its disclosure obligations with respect to adequate current information, I have reviewed such corporate records including Articles of Incorporation as amended, bylaws, minutes and other documents as I deemed necessary regarding the filing of the Disclosure Documents as well as the filing of the Annual Report and the Quarterly Reports. In addition, I have made such investigations and have considered such questions of law as I deemed necessary and appropriate for rendering this Opinion. In all such examinations, I have assumed the genuineness of all signatures, the authenticity of all documents submitted to me as originals, the conformity to original documents of all documents submitted to me as copies and the authenticity of all originals of such documents submitted as copies. Further, in all such examinations, I may have relied on information obtained from public officials, officers of the Issuer and other sources and represent that all such sources are believed to be reliable.

Additionally, for the purposes of rendering this opinion, I have specifically reviewed the following documents.

  1. The Annual Report including Financial Statements posted on September 7, 2021, for the year ended December 31, 2020.
  2. The Quarterly Report including Financial Statements, as posted on September 7, 2021, for the quarter ended March 31, 2021.
  3. The Quarterly Report including Financial Statements, as posted on September 7, 2021, for the quarter ended June 30, 2021.
  4. The Annual Report including Financial Statements, as amended, posted on October 20, 2021, for the year ended December 31, 2020.
  1. The Quarterly Report including Financial Statements, as amended, posted on October 20, 2021, for the quarter ended March 31, 2021.
  2. The Quarterly Report including Financial Statements, as amended, posted on October 20, 2021, for the quarter ended June 30, 2021.
  3. The Quarterly Report including Financial Statements, as posted on November 26, 2021, for the quarter ended September 30, 2021.

This opinion opines that the Annual Disclosure Statement and the Annual Financial Statements, as filed on September 7, 2021 and as amended and filed on October 20, 2021 for the period ended December 31, 2020 as well as the Quarterly Disclosure Reports, as filed on September 7, 2021 , October 2021 and November 26, 2021, as set forth above, constitute adequate current public information concerning the shares of common stock of the Issuer (the "Securities") and the Issuer and is available within the meaning of Rule 144(c)(2) under the Securities Act; includes all of the information that a broker-dealer would be required to obtain from the Issuer to publish a quotation for the shares of common stock of the Corporation (the "Securities"), under Rule 15c2-11 of the Exchange Act; complies as to form with the Pink Sheets Guidelines for Providing Adequate Current Information, which are located on the Internet at www.otcmarkets.com; and have been posted in the OTC Markets News Service. Please be advised that OTC Markets is entitled to rely on the Opinion in determining whether the Issuer has made adequate current information publicly available within the meaning of Rule 144(c) (2) under the Securities Act.

The Issuer's unaudited financial statements were prepared by Alan Tucker the Chairman and CEO of the issuer. Mr. Tucker has more than five years of experience in the preparation of financial reports.

The Issuer's transfer agent is:

Action Stock Transfer Corp

2469 E. Fort Union Blvd, Suite 214

Salt Lake City, UT 84121

The Transfer Agent is registered with the Securities and Exchange Commission. The Transfer Agent maintains a list of shareholders which I have reviewed and relied on to confirm the number of shares issued and outstanding as well as the identification of the shareholders.

The undersigned has met with and discussed the Initial Annual Disclosure Document and the Quarterly Disclosure documents with Alan Tucker the Chairman and CEO of the issuer. He has reviewed the information provided in the Annual Disclosure Report, the Quarterly Disclosure Statements and Financial Statements and I have been advised by him that management has approved the Opinion and all filings hereunder.

I, Carl P. Ranno, General Counsel of Industry Source Consulting, Inc., am not currently nor to my knowledge have ever been under investigation by any Federal or State regulatory authority for any violations of Federal or State securities laws. Additionally, I am not currently, nor have I been in the past five years, suspended or barred from practicing in any state or jurisdiction and have

not been charged in a civil or criminal case.

To the best of my knowledge, after inquiry of management and Mr. Tucker and the Board of Directors of the Issuer, neither the Issuer nor its Board of Directors nor any 5% or greater shareholder is currently under investigation by any Federal or State regulatory authority for any violations of Federal or State securities laws.

I am a resident of the State of Arizona and admitted to practice law in the State

of Michigan, US Supreme Court, US Court of Appeals Sixth Circuit, US Tax Court and US District Courts. I am permitted to practice before the Securities and Exchange Commission and have not been prohibited from practicing hereunder. I do not own any of the Issuer's shares and have no agreement to receive the Issuer's shares in the future.

I do not express any opinion herein concerning any law other than the laws of the United States and the jurisdictions where I am permitted to render opinions.

Based upon information received from the Issuer and reviewing its financial statements from September 30, 2017, I have determined that the issuer, nor its predecessors, have ever been a "shell company" as defined in Rules 405 of the Securities Act of 1933 and 12b-2 of the Exchange Act of 1934.

The opinions set forth herein are expressed as of the date hereof and remain valid so long as the documents, instruments, records and certificates I have examined and relied upon, as noted above, are unchanged and the assumptions I have made, as noted above, are valid. While this Opinion is intended exclusively for use by OTC Markets, Inc., the same is hereby granted full and complete rights and permission without any future request to publish this Opinion as part of "otcmarkets.com" for viewing by the public and regulatory agencies.

Sincerely,

/s/ Carl P. RannoCarl P. Ranno

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

Industry Source Consulting Inc. published this content on 30 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 November 2021 19:10:05 UTC.