Scorpex Provides Update on Audit and Financials
22 Agosto 2011 - 5:00AM
Marketwired
Scorpex, Inc. (PINKSHEETS: SRPX) (the "Company"), an emerging
leader of industrial, hazardous and toxic waste disposal services
in the Baja Mexico/California region, today reports additional
details of the previously announced initiative to prepare its
financials for a formal audit. An SEC accredited audit will raise
the Company's status to "Fully Reporting" while increasing
transparency for both current and future investors.
As reported August 8, 2011, Scorpex has engaged the services of
the Acadia Group to prepare for its audit and the filing of
financial reports with the U.S. Securities and Exchange Commission
("SEC") pursuant to the Securities Exchange Act of 1934. The Acadia
Group provides publicly traded small-cap companies with both
accounting and legal services internationally. The firm anticipates
completing the audit in the fourth quarter of this year.
Chief Executive Officer Joseph Caywood stated, "By becoming a
fully-reporting company, the Company will achieve its goal of
providing shareholders with increased transparency while elevating
itself in the market as a public entity to more qualified investor
groups. Following completion of the audit, we plan to take the next
step of listing on a senior securities exchange as we move toward
meeting other criteria of the exchange."
About Scorpex, Inc.
Scorpex, Inc. is taking the necessary steps to own and operate a
full service waste disposal and recycling company, capable of
storing and disposing all types of waste, including those
classified as industrial, toxic, and hazardous. The location chosen
for the first Scorpex plant is strategically positioned to
accommodate the vast region of Baja California, Mexico.
For more information, visit www.scorpex.com
About MissionIR
MissionIR is committed to connecting the investment community
with companies that have great potential and a strong dedication to
building shareholder value. Through a full suite of investor
relations and consultancy services, we help public companies
develop and execute a strategic investor awareness plan as we've
done for hundreds of others. Whether it is capital raising,
increasing awareness among the financial community, or enhancing
corporate communications, we offer a variety of solutions to meet
the objectives of our clients.
For more information on Scorpex, Inc., visit
http://SRPX.MissionIR.com
This press release may contain certain forward-looking
statements regarding future circumstances. These forward-looking
statements are based upon the Company's current expectations and
assumptions and are subject to various risks and uncertainties that
could cause actual results to differ materially from those
contemplated in such forward-looking statements. Actual results,
events, and performance may differ. Readers are cautioned not to
place undue reliance on these forward-looking statements, which
speak only as to the date hereof. The Company undertakes no
obligation to release publicly any revisions to these
forward-looking statements that may be made to reflect events or
circumstances after the date hereof or to reflect the occurrence of
unanticipated events. The inclusion of any statement in this
release does not constitute an admission by the Company or any
other person that the events or circumstances described in such
statements are material.
Contact: Investor Relations J.R. Munoz 310-891-1838
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