Sycamore Entertainment Group Inc (SEGI)

[Myth]

Sycamore Entertainment Engages Auditing Firm M&K CPAS
Jul 28, 2014

OTC Disclosure & News Service

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Hollywood, July 28, 2014 (GLOBE NEWSWIRE) -- Sycamore Entertainment Group, Inc. (OTC PINK: SEGI), a leading innovator in hybrid film distribution, is pleased to announce that it has engaged the accounting firm of M&K CPAS, PLLC of Houston, TX to perform an audit of the company's financial statements. "We are very pleased to be taking this step of having our financial statements audited, as it not only solidifies our commitment to providing complete transparency to current and potential investors, it will also serve to accelerate one of our corporate mandates of once again becoming a reporting issuer." Says Edward Sylvan, CEO of Sycamore.

The audit will be conducted with the generally accepted accounting principles (GAAP), and in accordance with the standards established by the Public Company Oversight Board (PCAOB) for the US market and the standards established by the Canadian Public Accountability Board (CPAB) in Canada.

it will also serve to accelerate one of our corporate mandates of once again becoming a reporting issuer.

What does this mean ? Are they going to pay for SEC filings while being banished to pinksheets ?