|
Nutri-Pharmaceuticals
Research, Inc. Announces Engagement of Auditing Firm
Tuesday August 21, 9:00 am ET
LAS VEGAS--(BUSINESS WIRE)--Nutri-Pharmaceuticals
Research, Inc. (Pink Sheets: NRPR - News) is pleased to
announce the engagement of S. W. Hatfield, CPA as the
Company's Registered Independent Certified Public
Accounting Firm.
ADVERTISEMENT
On June 26, 2007, upon completion of the requisite due
diligence by both parties, the Company executed an
engagement letter with S.W. Hatfield, CPA of Dallas,
Texas, to initially audit the Company's financial
statements as of and for the respective years ended
December 31, 2005 and 2006, and to provide ongoing
auditing and other required assurance services to the
Company.
Upon the completion of the audits of its financial
statements, the Company intends to register common stock
with the U.S. Securities and Exchange Commission (SEC)
by filing a Registration Statement under the appropriate
Act. Upon the Registration Statement being declared
"effective" by the SEC, the Company intends to apply to
have its common stock quoted for trading on the National
Association of Securities Dealers (NASD) "Over The
Counter Electronic Bulletin Board." The Company may also
consider, either concurrently or subsequent thereto,
make an application for listing it's common stock to
trade on the American Stock Exchange (AMEX), subject to
meeting the AMEX's initial listing requirements.
"Registering our common stock with the SEC will put us
in a position to provide our shareholders with timely
and current reporting of information about our
operations and financial condition. We anticipate that
the availability of this type of information should
instill even more confidence in our existing
shareholders and potential investors," says Godfrey Yew,
Chairman and CEO of Nutri Pharmaceuticals Research, Inc.
"The future of the company is looking better and better
each day and we are entering into a very exciting time
for the company."
Nutri Pharmaceuticals Research has proprietary research
and technology for converting oils to powders without
altering the molecular structure of the oil in the
powder state with existing sales in both domestic and
international markets.
Forward looking statements
All statements contained in this Press Release, other
than statements of historical facts, that address future
activities, events or developments are forward-looking
statements, including, but not limited to, statements
containing the words "believe," "anticipate," "expect"
and words of similar import. These statements are based
on certain assumptions and analyses made by us in light
of our experience and our assessment of historical
trends, current conditions and expected future
developments as well as other factors we believe are
appropriate under the circumstances. However, whether
actual results will conform to the expectations and
predictions of management is subject to a number of
risks and uncertainties that may cause actual results to
differ materially.
Such risks include, among others, the following:
international, national and local general economic and
market conditions: our ability to sustain, manage or
forecast our growth; raw material costs and
availability; new product development and introduction;
existing government regulations and changes in, or the
failure to comply with, government regulations; adverse
publicity; competition; the loss of significant
customers or suppliers; fluctuations and difficulty in
forecasting operating results; changes in business
strategy or development plans; business disruptions; the
ability to attract and retain qualified personnel; the
ability to protect technology; and other factors
referenced in this and previous disclosures.
Consequently, all of the forward-looking statements made
in this Press Release are qualified by these cautionary
statements and there can be no assurance that the actual
results anticipated by management will be realized or,
even if substantially realized, that they will have the
expected results or consequences to or effects on our
business operations.
Click here to get News Releases
NPRI Reports
Record First Quarter Earnings
|