China Voice Holding Corp. (CHVC.PK) Continues to Engage Hong Kong Auditors to Assist With Expansion Strategy
Source: http://Blog.QualityStocks.net/?p=16567Posted on Friday, July 24th, 2009 | In Market Commentary, Small & Micro Cap
China Voice Holding Corp. announced earlier this month that it has re-engaged its current auditors, Cheung & Co. of Hong Kong. Bill Burbank, President and CEO of CHVC, commented, “The re-engagement of Cheung & Co. will allow us to continue our momentum in moving to the OTCBB Market and expanding our business operations in China. Cheung & Co. is an excellent auditing firm, well positioned in Hong Kong to meet our needs, and we look forward to working with them for another year.”
CHVC’s CFO, D. Ronald Allen added, “We are very pleased to have re-engaged Cheung & Co. to audit our June 30, 2009 fiscal year. As a fully reporting company, we are committed to providing timely, accurate financial information, and our auditors are a vital part of the reporting and financial controls process. In addition, having Hong Kong based auditors will facilitate our plans to acquire additional Chinese companies using our new Hong Kong subsidiary, Sino Beyond, Ltd. With the funds from the sale of our U.S. subsidiaries, strong presence in China and our patented/copyrighted SKY O/A software, CHVC is poised for growth and a successful fiscal year ending June 30, 2010.”
China Voice Holding Corp. has a portfolio of next-generation communications products and services. Through its subsidiaries, the company provides Voice over Internet Protocol telephone services, office automation, wireless broadband, unified messaging, video conferencing, mobility services and other advanced voice and data services in China, where the company has obtained full legal status as a licensed telecommunications company. China Voice is progressing through the process to list on the OTCBB and anticipates the move to this market in the near future.
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