myFreightWorld Technologies Inc. Engages Auditing Firm to Become a Fully Reporting Company
October 13 2010 - 8:30AM
Marketwired
myFreightWorld (PINKSHEETS: MYFT) announced today that it has
engaged the services of Semple, Marchal & Cooper, LLP,
Certified Public Accountants, of Phoenix, Arizona to perform an
audit of the Company's financial statements, an important step
toward becoming a fully reporting company to the Securities and
Exchange Commission (www.sec.gov).
Semple, Marchal & Cooper is registered with the Public
Company Accounting Oversight Board (PCAOB). The PCAOB is a
private-sector, non-profit corporation created by the
Sarbanes-Oxley Act to oversee the auditors of public companies in
order to protect the interests of investors and further the public
interest in the preparation of informative, fair, and independent
audit reports.
CEO of myFreightWorld, Michael Head, commented, "While we are
presently not required to publish our financial results to the SEC,
our goal is to increase our transparency to shareholders and
potential investors by becoming a fully reporting company. Our
auditors were selected for their diligence and experience, and can
help us move closer toward achieving this goal."
CFO of myFreightWorld, David Churchman, added, "This project has
'Priority One' status. I am confident that our audit team will do a
fine job during the audit process and will continue to provide
updates to management on the progress."
About Semple, Marchal & Cooper,
LLP
Semple, Marchal & Cooper, LLP is one of the preeminent
regional Certified Public Accounting firms in the Southwest in
providing professional accounting, auditing, tax and management
consulting services. As an Alliance member of BDO Seidman, LLP, the
seventh largest international accounting firm with nearly 600
member firms worldwide, Semple, Marchal & Cooper, LLP has
access to a myriad of technical resources and professional
consulting services. For more information, visit
http://www.semplecpa.com/.
About myFreightWorld
myFreightWorld Technologies Inc. is a business services firm
that specializes in providing technology, transportation and supply
chain management services to third party logistics managers (3PLs)
and transportation intermediaries (TIs), primarily in the United
States. Leveraging its proprietary Web-based software platform, the
Company provides its 3PL and Motor Carrier customers with a
customer relationship management (CRM) Information Pipeline that
provides complete visibility to shippers, consignees and other
interested parties of shipments during the entire Shipment Life
Cycle. For more information, see
www.myfreightworld.com.
Notice on Forward-Looking Statements
myFreightWorld's vision is to realize shareholder value and wealth
through monetization of its projects and potential discoveries
through partnerships with significant players with ready capital
and production expertise. The matters set forth in this press
release may contain forward-looking statements regarding
myFreightWorld and its business within the meaning of the "safe
harbor" provisions of the Private Securities Litigation Reform Act
of 1995. Forward-looking statements speak only as of the date on
which they are made and myFreightWorld undertakes no obligation to
publicly update or revise any forward-looking statement, whether as
a result of new information, future events, or otherwise.
Statements are subject to risks and uncertainties that may cause
actual results to differ materially. These risks are detailed from
time to time in the company's periodic reports filed with the OTC
PinkSheets including the company's Annual Report, Quarterly Reports
and other periodic filings.
Contact: myFreightWorld Email: Email Contact Web:
www.myfreightworld.com
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