RELM Holdings, Inc. Provides Update on Professional Engagements
20 Abril 2010 - 11:26AM
Marketwired
RELM Holdings, Inc. (PINKSHEETS: RELM) is
pleased to provide an update to shareholders on the ongoing
Corporate Debt Offering of $30+ million as it further prepares to
market the offering in the Private and/or Public markets.
RELM has retained the Santora CPA Group, a Delaware accounting
firm, to assist the Company in reviewing and documenting its
business processes and financial controls in preparation for the
future engagement of an independent financial audit. The future
audit will include RELM's affiliated companies: RELM Holdings,
Inc., RELM Real Estate Holdings, Inc., Access Versalign, Inc.,
Versalign, Inc., RELM Technology Group, Inc. and Protective Capital
Structures Corporation and will adhere to established GAAP and SEC
guidelines.
SAFE HARBOR This press release contains
forward-looking statements including without limitation those about
the Company's estimated revenue and earnings per share. These
statements involve risks and uncertainties, and actual results may
differ. Risks and uncertainties include without limitation the
effect of competitive and economic factors, and the Company's
reaction to those factors, on consumer and business buying
decisions with respect to the Company's products and services;
continued competitive pressures in the marketplace; the ability of
the Company to deliver to the marketplace and stimulate customer
demand for new products, services, and technological innovations on
a timely basis; the continued availability on acceptable terms, or
at all, of certain components and services essential to the
Company's business currently obtained by the Company from sole or
limited sources; the effect that product and service quality
problems could have on the Company's sales and operating profits;
the continued service and availability of key executives and
employees; war, terrorism, public health issues, and other
circumstances that could disrupt supply, delivery, or demand of
products and services; and unfavorable results of other legal
proceedings.
Contact: RELM Holdings Inc. manager@relmholdingsinc.com
Relm (CE) (USOTC:RELM)
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