Tuesday, April 20, 2010 10:31:29 AM
Apr 20, 2010 10:26:00 AM
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WILMINGTON, DE -- (MARKET WIRE) -- 04/20/10 -- RELM Holdings, Inc. (PINKSHEETS: RELM) is pleased to provide an update to shareholders on the ongoing Corporate Debt Offering of $30+ million as it further prepares to market the offering in the Private and/or Public markets.
RELM has retained the Santora CPA Group, a Delaware accounting firm, to assist the Company in reviewing and documenting its business processes and financial controls in preparation for the future engagement of an independent financial audit. The future audit will include RELM's affiliated companies: RELM Holdings, Inc., RELM Real Estate Holdings, Inc., Access Versalign, Inc., Versalign, Inc., RELM Technology Group, Inc. and Protective Capital Structures Corporation and will adhere to established GAAP and SEC guidelines.
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