Greene Concepts Hires Auditing Firm, Slack & Company CPAs, LLC to Audit the Company's Financials in Preparation for Uplist to
May 05 2021 - 8:30AM
InvestorsHub NewsWire
Greene Concepts
Hires Auditing Firm, Slack & Company CPAs, LLC to
Audit the
Company's Financials in
Preparation for Uplist to Higher Market
Exchange
Marion, NC -- May 5, 2021 -- InvestorsHub NewsWire
-- Greene Concepts, Inc. (OTC
Pink: INKW) is pleased to announce it has selected a Public Company Accounting Oversight Board
(PCAOB) licensed audit firm, Slack & Company CPAs, LLC, to conduct an
audit of Greene Concepts' financial documents in preparation for an
uplist to the NASDAQ. The audit begins today, May 5, 2021 at
the company's beverage and bottling plant in Marion, NC. This
coincides with Greene Concepts' undertaking of a Form 10 filing for the Security and Exchange
Commission.
Slack & Company CPAs, LLC will perform a full
scope of audit services of Greene Concepts in accordance with
generally accepted auditing standards. Those standards require that
the audit company plans and performs the inspection to obtain
reasonable assurance about whether the consolidated financial
statements are free of material misstatement. Following the
audit, Slack & Company CPAs, LLC will express an opinion based
upon their review.
The scope of Slack & Company CPAs, LLC's audit
services are as follows:
(1) Audit the baseline balance sheet beginning
August 1, 2018
(2) Audit the fiscal years ended years ending July
31, 2020 and 2019
(3) Review the three, Six and nine months ended
April 30, 2021
Lenny Greene, CEO of Greene Concepts, states, "We
are happy to retain the services of Slack & Company CPAs,
LLC. We signed an agreement with them to provide a fair and
unbiased review of our financial documents from the past three
years. This includes our fiscal year balance sheets along
with our income, retained earnings and cash flow statements.
Their company operates under PCAOB oversight standards to ensure
high-quality auditing and professional practice audit
standards. This is a significant step for Greene Concepts as
we position ourselves for trading on the NASDAQ to provide us with
greater awareness, exposure, stability, capital and
growth."
About Greene Concepts, Inc.
Greene Concepts, Inc. (http://www.greeneconcepts.com) is a publicly traded company with the
company's main plant operations in Marion, North Carolina.
The Company owns and operates a bottling and beverage
facility. The bottling facility has as its water sources a
combination of seven spring and artesian wells that are fed from a
natural aquifer that is located deep below the Pisgah National
Forest. The Company specializes in its premium artesian
bottled water brand, BE WATER (www.bewaterbeyou.com), to support total body
health and wellness.
Safe Harbor: This Press Release contains
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933 and Section 21E of the Securities Exchange
Act of 1934. These forward-looking statements are based on the
current plans and expectations of management and are subject to a
few uncertainties and risks that could significantly affect the
company's current plans and expectations, as well as future results
of operations and financial condition. A more extensive listing of
risks and factors that may affect the company's business prospects
and cause actual results to differ materially from those described
in the forward-looking statements can be found in the reports and
other documents filed by the company with the Securities and
Exchange Commission and OTC Markets, Inc. OTC Disclosure and News
Service. The company undertakes no obligation to publicly update or
revise any forward-looking statements, because of new information,
future events or otherwise.
CONTACT:
Greene Concepts, Inc.
Investor Relations
IR@greeneconcepts.com
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