OMAHA, Neb., July 26, 2011 /PRNewswire/ -- TiVUS, Inc.
(PINKSHEETS: TIVU) today announced it has named the audit firm of
Peter Messineo, CPA, a PCAOB
registered public accounting firm, to perform an audit of the
Company's previous two years of financial statements required to
become a fully reporting Company with the United States Securities
& Exchange Commission (SEC).
Shiva Prakash, TiVUS' chief executive officer commented, "I am
pleased to engage the firm of Peter
Messineo, CPA, as our new public accountant. Peter's
firm comes well recommended. Our own due-diligence details his
solid reputation, work excellence, and exemplary PCAOB record.
"We have now commenced the audit proper. Although the length of
time the audit process takes is unique to each audit and a function
of the auditor's inquiries, we should expect three-to-six weeks on
average."
Last September, the Company announced it had retained M&K
CPAS as its public accounting firm. Prakash continued, "I
would like to give a nod to M&K CPAS, one of the largest and
most reputable firms of its kind serving small cap companies. My
decision to change was based on internal constraints unrelated to
M&K, and I'd like to thank them for their professionalism and
courtesy.
"In addition to our Host Hotels & Resorts installation
nearing completion, current filings, and audit commencement, our
sales team, headed by executive vice-president of global sales, Mr.
Phil Marriott, continues to field
requests for site visits and demonstrations of TiVUS' HD IPTV™ from
scores of opportunities garnered at a recent trade show," Prakash
concluded.
About TiVUS, Inc.
TiVUS, Inc. is a technology entertainment services company
providing internet-based TV and Cable programming, interactive game
content, and goods & services to the hotel/hospitality
industry. TiVUS' unique HD IPTV system is a complete hotel
entertainment platform that, for the first time in the industry,
generates previously untapped income for the hotel through
ad-revenue sharing. For more information, please visit
www.TiVUS.com and www.TiVUSconnect.com, or check us out on
www.facebook.com/TiVUSConnect or www.twitter.com/TiVUSInc.
One of our most important responsibilities is to communicate
with shareholders in an open and direct manner. Comments are based
on current management expectations, and are considered
"forward-looking statements," generally preceded by words such as
"plans," "expects," "believes," "anticipates," or "intends." We
cannot promise future returns. Our statements reflect our best
judgment at the time they are issued, and we disclaim any
obligation to update forward-looking statements as the result of
new information or future events. We urge investors to review the
risks and uncertainties within its filings with the OTC Markets
and/or United States Securities & Exchange Commission.
Media Relations:
Steven Haag
(832) 413-6206
stevehaag@TiVUS.com
SOURCE TiVUS, Inc.