Gourmet’s Choice Coffee Co., Inc. (OTC: GMCH) announced today an update of the progress regarding the completion of the Company’s financial statements. The Company’s auditors have informed GMCH that they have hired several additional staff members, which should accelerate the completion the Company’s audit. In addition, the auditors have yet to inform the Company of any obstacles with regard to the completion of the financial statements. Based on the discussions with it’s auditors, the Company anticipates the completion of it’s financial statements by the end of October.
James Tilton, President of GMCH, stated, “I personally share the frustration with each and every shareholder. I want to assure our shareholders that we are delivering all requested documents, to our accountant, in a timely manner.”
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Gourmet’s Choice Coffee Co., Inc., is a United States Holding Company whose strategy is the acquisition of both domestic and international beverage companies that complement its existing business, distribution and product lines.
This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward- looking statements involve risks and uncertainties, including, without limitation, the ability of Gourmet’s Choice Coffee Co., Inc. to accomplish its stated plan of business. Gourmet’s Choice Coffee Co., Inc. believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions would be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward- looking statements included herein, the inclusion of such information should not be regarded as a representation by Gourmet’s Choice Coffee Co., Inc. or any other person that the objectives and plans of Gourmet’s Choice Coffee Co., Inc. will be achieved.
