Smart Move, Inc. Receives Audit Opinion That Contains Going Concern Qualification
03 4월 2008 - 5:30AM
PR Newswire (US)
DENVER, April 2, 2008 /PRNewswire-FirstCall/ -- Smart Move, Inc.
(AMEX:MVE) ("Smart Move" or the "Company"), in compliance with
American Stock Exchange Company Guide Section 610(b), today
announced that Smart Move's independent registered public
accounting firm included a going concern explanatory paragraph
relating to the Company's ability to continue as a going concern in
its report on Smart Move's financial statements as of and for the
year ended December 31, 2007. The qualification was included as a
result of Smart Move's net loss from operations in fiscal 2007 and
the Company's need for additional financing to meet working capital
and debt service requirements during fiscal 2008. Further
information regarding the going concern qualification and
management's plans in regard to these matters is contained in Smart
Move's Annual Report on Form 10-KSB for the year ended December 31,
2007, which was filed with the Securities and Exchange Commission
on March 28, 2008, which is available free of charge on the
Securities and Exchange Commission's web site at
http://www.sec.gov/. About Smart Move...... Smart Move is an
innovative logistics company providing services through deployment
of a fleet of Company-owned, SmartVault(TM) shipping containers to
execute the movement of goods. Smart Move utilizes its proprietary
and licensed technologies to efficiently manage its fleet of
assets, providing superior security, scheduling flexibility and
expedited service on behalf of its customers and alliance partners.
Smart Move sells its services direct to moving consumers, and
provides moving capacity and guaranteed logistic services to van
lines and agents nation wide. http://www.gosmartmove.com/ Contact:
Pete Bloomquist Smart Move, Inc. 303-339-9558 DATASOURCE: Smart
Move, Inc. CONTACT: Pete Bloomquist of Smart Move, Inc.,
+1-303-339-9558 Web site: http://www.gosmartmove.com/
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