SE Concepts Furthers Audit and Financial Compliance Efforts in Contracting CFO Services
April 26 2011 - 7:45AM
Marketwired
Simulated Environment Concepts (PINKSHEETS: SMEV), a manufacturer
and developer of medical, aesthetic, weight loss, wellness, and
slimming equipment, announced that it has engaged Eventus Advisory
Group, LLC ("Eventus") to assist the Company in preparing for its
financial statement audit and managing its long-term financial and
reporting-company compliance requirements with the Securities &
Exchange Commission (SEC).
Dr. Ella Frenkel, President & CEO of Simulated Environment
Concepts (SE Concepts) stated, "Completing an audit is just a piece
of being transparent and growing our Company. It's the ongoing
responsibility needed to maintain transparency and build the fiscal
strength of the Company that is key. This is especially important
for us right now as we look to become a fully-reporting company
with the SEC and uplist our stock. Maintaining a fully-reporting
status requires discipline and guidance and we look forward to
working with Eventus and benefiting from their expertise."
Upon announcing the engagement of MaloneBailey, LLP, a certified
accounting/audit firm (Houston/NY), to conduct the audit of SE
Concepts, management has thrown its commitment of completing the
SEC audit into high gear. Securing the services of Eventus is just
one of the evident actions the Company has taken.
Neil Reithinger, President of Eventus, stated, "Since the
beginning of our discussions with the management of Simulated
Environment Concepts, they have been very open and cooperative with
us. Becoming a fully-reporting company and maintaining compliance
requires a high level of diligence, and we look forward to working
closely with SE Concepts management as we engage ourselves in this
process with them."
With major announcements planned on the heels of the audit's
completion, SE Concepts is working conscientiously to expedite the
process. In the meantime, the Company remains compliant with
OTCMarkets' reporting requirements; and continues to maintain the
"Current Information" status.
The Company is optimistic about completing the audit on a timely
basis so that it can anticipate reporting to the SEC with a view to
uplist within the 3rd Quarter. Management also anticipates having
its second shareholder conference call sometime during July
2011.
About Eventus Advisory Group, LLC
Eventus Advisory Group, LLC provides capitalization planning,
consultation on initial public filings, as well as finance
department creation, organization, implementation and maintenance
(CFO Services) to small and medium sized companies, both public and
private. Eventus Advisory Group, LLC offers a wide variety of
services that enable its clients to grow and to achieve their
financial objectives.
About Simulated Environment Concepts, Inc.
Simulated Environment Concepts, Inc. (SE Concepts) (PINKSHEETS:
SMEV) is an industry leading manufacturer and developer of cutting
edge medical, health and wellness equipment.
SE Concepts was established in 2000 by doctors dedicated to
advancements in medical technology and aesthetics. Its flagship
product, SpaCapsule®, which is currently distributed in over 37
countries, is a robotic massage therapy system used for medical
rehabilitation, relaxation, weight loss, cellulite management and
general wellness.
For more information on SE Concepts, SpaCapsule®, PTjetCapsule™
and Celude Laboratories™ products you can visit the Company's
product website at www.spacapsule.com, the corporate website at
www.seccorporation.com, the corporate blog at
http://www.spacapsule.wordpress.com, facebook at
http://www.facebook.com/SpaCapsule or request more information via
email at ir@spacapsule.com, or call at (888) 757-0797 or (305)
651-9200.
In order to receive updates, investor kits and other periodic
data, please "opt in" at:
https://www.orderannualreports.com?link=SMEV.PK
Safe Harbor
Statements in this news release that are not historical facts,
including statements about plans and expectations regarding
products and opportunities, demand and acceptance of new or
existing products, capital resources and future financial results
are forward-looking. Forward-looking statements involve risks and
uncertainties which may cause the Company's actual results in
future periods to differ materially from those expressed. These
uncertainties and risks include changing consumer preferences, lack
of success of new products, loss of the Company's customers,
competition and other factors discussed from time to time in the
Company's filings with the Securities and Exchange Commission.
SpaCapsule is registered trademark of Simulated Environment
Concepts, Inc.
Contact: Simulated Environment Concepts Allen Licht Investor
Relations Department (888) 757-0797
Simulated Environment Co... (PK) (USOTC:SMEV)
Historical Stock Chart
From Oct 2024 to Nov 2024
Simulated Environment Co... (PK) (USOTC:SMEV)
Historical Stock Chart
From Nov 2023 to Nov 2024