ATLANTA, May 21, 2013 /PRNewswire/ -- Energy Edge
Technologies Corporation (OTCQB: EEDG), and its subsidiaries,
Energy Edge Solutions and The Gourmet Wing Company jointly
announced today it will be fully compliant with SEC reporting
requirements this week.
"We intend to be fully compliant with SEC reporting requirements
as we pursue our plan to continue adding new brands to our
expanding portfolio. Our strategy is to become a meaningful
participant in the food and beverage category," said James Boyd, a former top executive with Popeyes
Chicken, Quizno's and other concepts. Boyd, who recently took the
helm at EEDG as CEO, is now in the process of reshaping the
company.
Boyd said, "The reason for the late filing was due to several
questions raised by the auditor relating to pre-opening expenses
and licensing income and how those expenses/income should be
treated. Expenses can be expensed as they are incurred, or they can
be capitalized. In this regard, these expenses represent an asset
for the company and are recorded on the balance sheet."
About Energy Edge Technologies Corporation Inc.
Energy Edge Technologies Corporation (EEDG) is the parent company
of Energy Edge Solutions and The Gourmet Wing Company.
FORWARD-LOOKING DISCLAIMER
This press release may
contain certain forward-looking statements and information, as
defined within the meaning of Section 27A of the Securities Act of
1933 and Section 21E of the Securities Exchange Act of 1934, and is
subject to the Safe Harbor created by those sections. This material
contains statements about expected future events and/or financial
results that are forward-looking in nature and subject to risks and
uncertainties. Such forward-looking statements by definition
involve risks, uncertainties and other factors, which may cause the
actual results, performance or achievements of Energy Edge
Technologies Corporation and its subsidiaries to be materially
different from the statements made herein.
MEDIA CONTACT: Abby Blake
561-750-9800 ext 229; abby@transmediagroup.com
SOURCE Energy Edge Technologies Corporation