Drywave Technologies Inc.
DRYWAVE Technologies, Inc. Engages Audit Firm for Uplisting to Entry Standard
Drywave Technologies Inc. / Key word(s): Miscellaneous DRYWAVE Technologies, Inc. Engages Audit Firm for Uplisting to Entry Standard Toronto, Canada – April 16th, 2012 – DRYWAVE Technologies, Inc. (‘DRYWAVE’) has engaged Gregory Scott International (‘GSI’) of Chicago to undertake an audit of DRYWAVE’s financial statements in connection with the Company’s planned uplisting to the Frankfurt Stock Exchange (‘FSE’) Entry Standard. Under recently released rule changes from the FSE, companies on the Regulated Market may uplist to the Entry Standard without submitting a formal prospectus by providing the FSE with the latest two years of audited financial statements on or before June 30, 2012. Drywave’s management fully expects to meet these requirements well in advance of the deadline. ‘We are pleased to engage Gregory Scott International for this important audit task to allow our Company to meet FSE requirements for the Entry Standard. This will be the second audit performed by GSI on DRYWAVE, the first being last year when their audit was a key step in DRYWAVE achieving our initial listing,’ said Steve Howe, DRYWAVE’s CEO. DRYWAVE’s SolaJet Massage System combines a soothing full-body wave of warm water with powerful deep tissue massage. The Company has sold several hundred SolaJet Massage Systems in test markets and will aggressively expand its international sales efforts in the coming months. About Gregory Scott International Gregory Scott is a public accounting firm that provides audit, tax, and advisory services to companies across the globe. Gregory Scott works primarily with clients listed on a major European stock exchange such as the Fankfurt, Berlin, or the LSE. For more information visit: www.gregoryscottinternational.com
About DRYWAVE Technologies, Inc. DRYWAVE is developing and commercializing breakthrough personal health products leveraging the company’s deep experience in the massage market. DRYWAVE’s flagship offering, the SolaJet Massage System, combines a soothing full-body wave of warm water with powerful deep tissue massage. No other form of massage combines the therapy, safety, convenience, value or pure enjoyment of the SolaJet experience. For more information visit: drywavemassage.com Contact Steve Howe End of Corporate News 16.04.2012 Dissemination of a Corporate News, transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP’s Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de |
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