NEW YORK, Oct. 1, 2012 /PRNewswire/ - COREwafer Industries,
Inc.(OTC Pink: WAFR), the parent company of Northeast Expedite
Logistics, LLC, a transportation company and Core Wafer Systems,
Inc., a technology leader in semiconductor testing; announces that
they have selected Salberg & Company, P.A. to complete a full
audit of the company financials in preparation for a registration
statement on Form S-1 filing.
Salberg & Company is a respected, PCOAB certified,
Florida independent registered
accounting firm. The selection of Salberg & Company concludes a
thorough selection process, which the company conducted as part of
its effort to select an auditor with optimal skills that would
match Corewafer's needs as a growth company. COREwafer
believes that Salberg & Company will have adequate time to
prepare audited financials for the two years ended December 31, 2012, during the first fiscal
quarter of 2013.
CFO, Teresa McWilliams of
COREwafer comments on bringing in Salberg & Company as the
company's independent financial auditor, "We have gone to great
lengths to secure all of the past corporate history, documentation,
and financial data that Salberg & Company will require to bring
this company back to fully audited and reporting status. I believe
that their experience in this sector, coupled with their
reputation, made them an ideal choice to become our independent
auditors."
Ms. McWilliams continues, "We have begun to draft our Form S-1
and will formally file the document upon completion and acceptance
of the audit. Declaration of effectiveness of the Form S-1 by
the Securities and Exchange Commission, will allow WAFR to draw
upon the $10M in equity financing
that we previously announced. With these available funds, we
can build additional trucking capacity for Northeast Expedite
Logistics and increase sales operations within Core Wafer Systems,
domestically and internationally."
About COREwafer Industries, Inc.
Company Web Site: http://www.corewaferindustries.com
Company Twitter: https://twitter.com/CoreWafer
Company Facebook page:
http://www.facebook.com/corewafer
COREwafer Industries, Inc. (OTC Pink: WAFR.PK) is the parent
company of Northeast Expedite Logistics, LLC, a transportation
company; and Core Wafer Systems, Inc., a technology company with
their propriety measurement schema for physical phenomena of
semiconductor structures.
Please refer all shareholder inquiries to Corewafer Investor
Relations via Twitter @Corewafer, via Facebook
http://www.facebook.com/corewafer, or by emailing
investor@corewaferindustries.com
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Safe Harbor Statement
This press release contains forward-looking statements. These
forward-looking statements are based on the current plans and
expectations of management and are subject to a number of
uncertainties and risks that could significantly affect the
company's current plans and expectations, as well as its future
results of operations and financial condition. Such risks include,
but are not limited to, the effects of competition with existing
enterprises and/or new entrants into the company's markets and
industries, fluctuations in currency exchange rates, domestic and
global economic conditions generally, the company's ability to
obtain financing and attract suitable personnel where required to
fully implement its business plan, the adoption and acceptance by
the marketplace of the company's technologies and product and
service offerings, the possibility of new technologies that are
competitive with the company's planned product and service
offerings and the effects of future political and economic
developments both in the United
States and abroad, among others. The company undertakes no
obligation to publicly update or revise any forward-looking
statements, whether as a result of information, future events or
otherwise.
SOURCE COREwafer Industries, Inc.