INDIANAPOLIS, Feb. 24, 2014 /PRNewswire/ -- Global Water
Technologies (OTC Pink: GWTR) is pleased to announce it has engaged
Donovan Certified Public Accountants and Advisors in Avon, Indiana as its new accounting firm.
The full-service firm provides professional services that
include audits, financial statements, accounting, tax, payroll and
advisory work. The firm also assists with analysis, such as due
diligence, M&A support, cash flow forecasting and business
valuation.
"As we move forward into the next stage of the company's growth,
the services provided by a larger accounting firm will be an
important resource," said Erik
Hromadka, CEO of Global Water Technologies. "We appreciate
all those who have supported the company and its subsidiaries over
the past five years and look forward to building on the foundation
that is now in place as we begin to grow and undertake new
opportunities in the water sector."
The company also announced that it has issued 750,000 shares to
reduce an accounts payable balance by $30,000. As a result, the company has 17,068,605
outstanding common shares. The number of free-trading shares in the
public float remains at 5,895,503.
More information about Donovan CPA is available at:
www.cpadonovan.com
More information about Global Water Technologies is available
at: www.gwtr.com
FORWARD-LOOKING STATEMENT:
Statements in this press release
relating to plans, strategies, economic performance and trends,
projections of results of specific activities or investments, and
other statements that are not descriptions of historical facts may
be forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995, Section 27A of the
Securities Act of 1933 and Section 21E of the Securities Exchange
Act of 1934. Forward-looking information is inherently subject to
risks and uncertainties, and actual results could differ materially
from those currently anticipated due to a number of factors, which
include, but are not limited to, risk factors inherent in doing
business. Forward-looking statements may be identified by terms
such as "may," "will," "should," "could," "expects," "plans,"
"intends," "anticipates," "believes," "estimates," "predicts,"
"forecasts," "potential," or "continue," or similar terms or the
negative of these terms. Although we believe that the expectations
reflected in the forward-looking statements are reasonable, we
cannot guarantee future results, levels of activity, performance or
achievements. The company has no obligation to update these
forward-looking statements.
SOURCE Global Water Technologies, Inc.