QualityStocks would like to highlight Scorpex, Inc. (Pinksheets: SRPX). The Company is taking the necessary steps to own and operate a full service waste disposal and recycling company, capable of storing and disposing all types of waste, including those classified as industrial, toxic, and hazardous. The location chosen for the first Scorpex plant is strategically positioned to accommodate the vast region of Baja California, Mexico.
In the company’s news yesterday,
Scorpex, Inc. announced additional details of the previously reported initiative to prepare its financials for a formal audit. An SEC accredited audit will raise the Company’s status to “Fully Reporting” while increasing transparency for both current and future investors.
As announced two weeks ago, Scorpex has engaged the services of the Acadia Group to prepare for its audit and the filing of financial reports with the U.S. Securities and Exchange Commission (“SEC”) pursuant to the Securities Exchange Act of 1934. The Acadia Group provides publicly traded small-cap companies with both accounting and legal services internationally. It is anticipated that the audit will be completed in the fourth quarter of this year.
Chief Executive Officer Joseph Caywood stated, “By becoming a fully-reporting company, the Company will achieve its goal of providing shareholders with increased transparency while elevating itself in the market as a public entity to more qualified investor groups. Following completion of the audit, we plan to take the next step of listing on a senior securities exchange as we move toward meeting other criteria of the exchange.”
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Forward-Looking Statement:
This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.
