Cache Elite, Inc. Commences Audit for 2015 and 2016 Records
February 07 2017 - 4:30PM
Cache Elite, Inc. (OTC PINK:ILUS): On January 23rd, 2017, the
Company’s Board of Directors approved and began the engagement of
D. Brooks and Associates CPA’s, P.A. (the “New Auditor”) to audit
its accounting records, along with other required components for
2015 and 2016. D. Brooks and Associates are members of AICPA
as well as PCAOB registered. For publicly owned companies to be
traded on higher tiers than OTC Pink Current, they must have a
minimum of two years of audited financials and start reporting with
the SEC. The target date for completion of the Company's
comprehensive audits is within the 1st quarter of 2017.
Cache Elite, Inc. CEO, Derrick McWilliams, said, "These review
represent the commitment of steps towards the development and
transparency of our Company. We are confident that the completion
of these audits will put us on the road toward becoming an audited
SEC filer to qualify for quotation on the OTCQB market tier wherein
we can better accommodate our ambitions."
Rhonda Colombo, COO of Cache Elite, added, "We are committed to
our long-term goal to increase the transparency of the company,
which in turn increases its value. This audit is consistent with
our investor relations plan; we have always put our best foot
forward with our clients, and we feel it is time to the same with
our shareholders. Cache Elite wants to be fully reporting and
transparent in all aspects of our business."
ABOUT CACHE ELITE, INC.
Cache Elite, Inc. (OTC PINK:ILUS) is a forward-thinking retail
and service provider. The Company provides homeowners with the
latest in 3D designs, decorative hardware, stones and all things
kitchen. To learn more about Cache Elite, Inc., please visit
our websites
at www.eliteknobs.com, www.cachecabinetry.com and www.cacheelite.com.
Also follow us on Twitter @cacheelite1.
FORWARD-LOOKING STATEMENTS This press release may contain
forward-looking statements. The words "believe," "expect,"
"should," "intend," "estimate," "projects," variations of such
words and similar expressions identify forward-looking statements,
but their absence does not mean that a statement is not a
forward-looking statement. These forward-looking statements are
based upon the company's current expectations and are subject to a
number of risks, uncertainties and assumptions. The company
undertakes no obligation to update any forward-looking statements,
whether as a result of new information, future events or otherwise.
Among the important factors that could cause actual results to
differ significantly from those expressed or implied by such
forward-looking statements are risks that are detailed in the
company's filings at OTCMarkets.com.
Contact:
Derrick McWilliams
derrick@cacheelite.com
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