(InternetWire) De Greko Inc. Announces Ongoing Corporate Structure; Steps Taken
o Migrate to Larger Exchange
GLASTONBURY, CT -- (MARKET WIRE) -- 05/08/06 -- De Greko Inc. (OTC: DGKO), a ho
ding
company that specializes in consolidating revenue-generating companies,
today announced that it has initiated steps to retain PCAOB accountants to
serve as the companies auditors and file ongoing statements.
The hiring of an auditing firm will allow De Greko to complete audits which
is a necessary pre-requisite to becoming a reporting entity, an ultimate
goal of De Greko. In addition, the Company has hired Prestige Asia to look
into the requirements for trading on the Hong Kong Stock Exchange, one of
the requirements of which may be an audit.
"A corporate goal has been to eventually become a reporting entity and
trade on the over the counter bulletin board," stated Fotis Georgiadis, CEO
of De Greko. "The hiring of qualified accountants will not only allow us to
achieve our goals but will also lead to more credibility with the
investment community."
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