SHENZHEN, China, May 24 /Xinhua-PRNewswire/ -- Intermost Corporation (OTC Bulletin Board: IMOT), a leading electronic online equity exchange service provider in China, has announced that after careful consideration, its board of directors has approved a change in auditors and legal counsel.
Samuel H. Wong & Company, LLC has been appointed as the company's independent auditors to replace E. Randall Gruber CPA, PC. The decision to change auditors was not the result of any disagreement between Intermost Corporation and E. Randall Gruber CPA, PC on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedure. This appointment will be presented for ratification by the shareholders of the Corporation at the next annual general meeting of the shareholders.
At the recommendation and approval of the board of directors, the company has also appointed Mr. Gerald Lau and The Corporate Law Group as its legal counsel to replace Vanderkam and Associates.
About the Intermost Corporation
Founded in the USA in September 1998, the Intermost Corporation was the first Chinese Internet company listed on the US OTC Bulletin Board (stock symbol: IMOT) in December 1998. The Intermost Corporation has focused its services on the booming Equity Exchange Market in China, including equity-related solution development, equity quotes and information provision, electronic online equity exchange services, direct investment in regional equity exchanges, business incubation services for well-performing innovative enterprises, investment consulting services for overseas listings, the equity portal website - China Equity Exchange Platform ( http://www.chinae.com ), and other services.
Safe Harbor Statement
This press release contains forward-looking statements that involve risks, uncertainties and assumptions that, if they never materialize or if they prove incorrect, could cause the Company's results to differ materially from those expressed or implied by such forward-looking statements. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including any projections of earnings, revenue, or other financial items, any statements of the plans, strategies, and objectives of management for future operations, any statements concerning proposed new products, services or developments, any statements regarding future economic conditions or performance, statements of belief and any statements of assumptions underlying any of the foregoing. These statements are based on expectations as of the date of this press release. Actual results may differ materially from those projected because of a number of risks and uncertainties, including those detailed from time to time in the Company's reports filed with the Securities and Exchange Commission. The Company assumes no obligations and does not intend to update these forward-looking statements.
For more information, please contact:
Mr. Chris Liu / Ms. Summer Zhang
Intermost Corporation
Tel: +86-755-8221-0238
Email: ir@intermost.com