Secure America Announces Going Concern Qualification
April 27 2009 - 5:10PM
PR Newswire (US)
ARLINGTON, Va., April 27 /PRNewswire-FirstCall/ -- Secure America
Acquisition Corporation (NYSE Amex US: HLD; HLD-U; HLD-WT) (the
"Company"), announced today that its audited financial statements
for the fiscal year ended December 31, 2008, included in the
Company's Annual Report on Form 10-K, filed on March 31, 2009,
contained a going concern qualification from its independent
registered accounting firm, McGladrey & Pullen. This
announcement is required by NYSE Amex Company Guide Section 610(b),
which requires separate disclosure of receipt of an audit opinion
containing a going concern qualification. This announcement does
not represent any change or amendment to the Company's financial
statements or to its Annual Report on Form 10-K for the fiscal year
ended December 31, 2008. About Secure America Acquisition
Corporation Secure America Acquisition Corporation is a blank check
company formed for the purpose of acquiring, or acquiring control
of, through a merger, capital stock exchange, asset acquisition or
other similar business combination, one or more domestic or
international operating businesses in the homeland security
industry, but not businesses that design, build or maintain
mission-critical facilities. Forward-Looking Statements This press
release contains certain "forward-looking statements" within the
meaning of the Private Securities Litigation Reform Act of 1995, as
amended. These statements are based on current expectations and are
subject to numerous risks, assumptions and uncertainties, many of
which change over time and are beyond the Company's control. Actual
results may differ materially from those anticipated in any
forward-looking statement and you should not place any undue
reliance on such forward-looking statements. More detailed
information about the Company and risk factors that may affect the
realization of forward-looking statements, including
forward-looking statements in this press release, is set forth in
the Company's filings with the Securities and Exchange Commission.
The Company urges investors and security holders to read those
documents free of charge at the Commission's web site at
http://www.sec.gov/. Interested parties may also obtain these
documents free of charge from the Company. Forward-looking
statements speak only as to the date they are made and, except for
any obligation under the U.S. federal securities laws, the Company
undertakes no obligation to publicly update any forward-looking
statement as a result of new information, future events or
otherwise. Contact C. Thomas McMillen Chairman and co-CEO Secure
America Acquisition Corporation (703) 528 7073 x 101 DATASOURCE:
Secure America Acquisition Corporation CONTACT: C. Thomas McMillen,
Chairman and co-CEO of Secure America Acquisition Corporation,
+1-703-528-7073, ext. 101 Web Site:
http://www.secureamericacorp.net/
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