smoky market foods inc (SMKY) Key Developments
Smoky Market Foods Inc. Appoints Huckfeldt & Smith, PLC and Replacing M&K CPAS, PLLC as Independent Public Accountant
Sep 3 14
On August 28, 2014, Smoky Market Foods Inc. dismissed M&K CPAS, PLLC (M&K CPAs), as its independent public accountant. This change in independent public account was approved by the company’s Board of Directors. M&K CPAs was engaged on May 28, 2014 and did not complete an audit or issue any report. As a result, no report of M&K CPAs’ was issued with respect to the years ended December 31, 2012 and December 31, 2013 or any period through August 28, 2014 that contained any adverse opinion or disclaimer of opinion, and no report was qualified or modified as to uncertainty, audit scope or accounting principles. On August 28, 2014, Board of Directors engaged Huckfeldt & Smith, PLC (H&S) as the independent accountant of the company. The intent is for H&S to audit the company’s financial statements for the years ended December 31, 2012 and December 31, 2013 and future periods. The engagement letter with H&S anticipates completion of the audits for years 2012 and 2013 by November 7, 2014.
Smoky Market Foods Inc. Engages M&K CPAS, PLLC as Independent Accountant in Place of Silberstein Ungar, PLLC
May 30 14
On May 15, 2014, the Board of Directors of Smoky Market Foods Inc. accepted the resignation of Silberstein Ungar, PLLC as its independent accountant and immediately began its search for a new independent accounting firm. On May 28, 2014, Board of Directors approved the immediate engagement of M&K CPAS, PLLC as the independent accountant of the company. The company has engaged M&K CPAS effective May 29, 2014 to perform accounting work relative to its financial statement reports for years 2012 and 2013.
Smoky Seeks Acquisitions
Apr 28 14
Smoky Market Foods Inc (OTCPK:SMKY) is looking for acquisition opportunities. It has signed an agreement with an investment bank to finance up to $30 million. Eddie Feintech, Chairman, President and Chief Executive Officer of Smoky said, "In tapping fully this facility of acquisition financing during 2014, with its unique program structure, our intent is to acquire up to $75 million in strategic food sector revenue that also creates expanded channels of distribution and on an international scale for our smoked foods. We expect the assistance of this well established investment bank to accelerate our growth strategy through acquisitions and with their assistance, move us up to trade on the NASDAQ or AMEX
