ITNS Retains New CPA and Auditing Firms to Become SEC Fully Reporting
Posted 12:01:00 10/11/2011 by Admin
IRVINE, CA (Marketwire -10/06/11)- Itonis, Inc. (Pinksheets: ITNS.PK News) today announced that the Company retained Berg & Company, LLP as its new accountants. The company also retained De Joya Griffith & Company, LLC as its independent auditor.
De Joya Griffith & Company, LLC will immediately initiate an audit of Itonis, Inc. and its operations. Berg & Company, LLP will provide assistance with the overall initiative, and results of the audit will be included in the Company's filings with the SEC.
"The Company has been working diligently for months to organize all of the corporate and financial information to become fully reporting in compliance with SEC requirements," said Mark Cheung, CEO/President of Itonis, Inc. Berg & Company, LLP and De Joya Griffith & Company, LLC come to Itonis with a reputation for helping companies like ours. "With their assistance, I'm confident our goal to become Fully Reporting will soon become a reality."
Fully reporting SEC status will permit ITNS to obtain a listing on NASDAQ's OTC Bulletin Board, a regulated quotation service that displays real-time quotes, last-sale prices, and market depth and volume information for over-the-counter securities. A listing on the NASDAQ OTC Bulletin Board will broaden Itonis exposure to the investment community, and as events continue to move forward in this direction we plan to update our shareholders accordingly, said Steve Pidliskey, Itonis Vice President.
About De Joya Griffith & Company, LLC
De Joya Griffith & Company provides its clients with a wide range of services, from auditing of financial statements, to tax, accounting and consulting.
About Berg & Company, LLP
Berg & Company, LLP was formed by Michael C. Berg in 1986 to provide accounting tax and litigation support services. Mr. Berg is a licensed CPA in California and New York and has worked with both public and private companies.
About Itonis, Inc.
Itonis, Inc. (the Company) was incorporated under the laws of the state of Nevada on July 5, 2005 under the name of Kenshou, Inc. Subsequently, its name was changed to its present name, Itonis, Inc., on December 2, 2005. Please visit our website at www.itonisholdings.com for additional information.
Statements in this press release may constitute forward-looking statements and are subject to numerous risks and uncertainties, including the failure to complete successfully the development of new or enhanced products, the Company's future capital needs, the lack of market demand for any new or enhanced products the Company may develop, any actions by the Company's affiliates that may be adverse to the Company, the success of competitive products, other economic factors affecting the Company and its markets, seasonal changes, and other risks detailed from time to time in the Company's filings with the U.S. Securities and Exchange Commission. The actual results may differ materially from those contained in this press release. The Company disclaims any obligation to update any statements in this press release.
Stock Quote - ITNS
Investor RelationsItonis Holdings Company is a trade name of Itonis Inc. (OTC:ITNS), a publicly traded company.
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