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    INKW   US39468C3043

GREENE CONCEPTS, INC.

(INKW)
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Greene Concepts Hires Auditing Firm, Slack & Company CPAs, LLC to Audit the Company's Financials in Preparation for Uplist to Higher Market Exchange

05/05/2021 | 08:35am EDT

Marion, North Carolina--(Newsfile Corp. - May 5, 2021) - Greene Concepts, Inc. (OTC Pink: INKW) is pleased to announce it has selected a Public Company Accounting Oversight Board (PCAOB) licensed audit firm, Slack & Company CPAs, LLC, to conduct an audit of Greene Concepts' financial documents in preparation for an uplist to the NASDAQ. The audit begins today, May 5, 2021 at the company's beverage and bottling plant in Marion, NC. This coincides with Greene Concepts' undertaking of a Form 10 filing for the Security and Exchange Commission.

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Be Water Artesian

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Slack & Company CPAs, LLC will perform a full scope of audit services of Greene Concepts in accordance with generally accepted auditing standards. Those standards require that the audit company plans and performs the inspection to obtain reasonable assurance about whether the consolidated financial statements are free of material misstatement. Following the audit, Slack & Company CPAs, LLC will express an opinion based upon their review.

The scope of Slack & Company CPAs, LLC's audit services are as follows:

(1) Audit the baseline balance sheet beginning August 1, 2018
(2) Audit the fiscal years ended years ending July 31, 2020 and 2019
(3) Review the three, Six and nine months ended April 30, 2021

Lenny Greene, CEO of Greene Concepts, states, "We are happy to retain the services of Slack & Company CPAs, LLC. We signed an agreement with them to provide a fair and unbiased review of our financial documents from the past three years. This includes our fiscal year balance sheets along with our income, retained earnings and cash flow statements. Their company operates under PCAOB oversight standards to ensure high-quality auditing and professional practice audit standards. This is a significant step for Greene Concepts as we position ourselves for trading on the NASDAQ to provide us with greater awareness, exposure, stability, capital and growth."

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Nine Be Water Bottles


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About Greene Concepts, Inc.

Greene Concepts, Inc. (http://www.greeneconcepts.com) is a publicly traded company with the company's main plant operations in Marion, North Carolina. The Company owns and operates a bottling and beverage facility. The bottling facility has as its water sources a combination of seven spring and artesian wells that are fed from a natural aquifer that is located deep below the Pisgah National Forest. The Company specializes in its premium artesian bottled water brand, BE WATER (www.bewaterbeyou.com), to support total body health and wellness.

Safe Harbor: This Press Release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are based on the current plans and expectations of management and are subject to a few uncertainties and risks that could significantly affect the company's current plans and expectations, as well as future results of operations and financial condition. A more extensive listing of risks and factors that may affect the company's business prospects and cause actual results to differ materially from those described in the forward-looking statements can be found in the reports and other documents filed by the company with the Securities and Exchange Commission and OTC Markets, Inc. OTC Disclosure and News Service. The company undertakes no obligation to publicly update or revise any forward-looking statements, because of new information, future events or otherwise.

CONTACT:
Greene Concepts, Inc.
Investor Relations
IR@greeneconcepts.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/82940


© Newsfilecorp 2021
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Managers and Directors
Leonard M. Greene President & Chief Executive Officer
Mark Aguilar Director
Jeff Durant Director