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Re: 22hornet post# 5879

Tuesday, 01/17/2012 9:39:29 AM

Tuesday, January 17, 2012 9:39:29 AM

Post# of 7516
NEWS just out. Looks like they want to be fully reporting for real:

Scorpex Announces 2011 Audit
Last update: 1/17/2012 9:36:00 AM
LAS VEGAS, Jan 17, 2012 (BUSINESS WIRE) -- Scorpex, Inc. (SRPX) (the "Company"), an emerging leader of industrial, hazardous and toxic waste disposal services in the Baja Mexico/California region, expects that its 2011 audit will be completed January 2012. Mantyla McReynolds, a CPA firm based in Salt Lake City, Utah, is nearing the completion of its audit of the Company's 2011 financials. Scorpex anticipates using its audit from Mantyla McReynolds to file financial reports with the U.S. Securities and Exchange Commission ("SEC") pursuant to the Securities Exchange Act of 1934 during the first quarter of 2012. The purpose of becoming fully-reporting is to increase transparency for both current and future investors.
Chief Executive Officer Joseph Caywood stated, "We anticipate filing our 2011 audit on otcmarkets.com immediately upon receiving our final audited financials from Mantyla McReynolds. Following receipt of the finalized audit from our auditors, we plan on filing to become a fully-reporting company with the SEC. It is our goal to provide full transparency to our shareholders, and audited financials and reports are the next step for our growing company."
Scorpex will post its completed 2011 audit on otcmarkets.com.
About Mantyla McReynolds
Mantyla McReynolds is a full service CPA firm based in Salt Lake City, Utah. The firm has serviced both private and public small business, middle-market and international organizations for over 20 years. Mantyla McReynolds is an independent member of the BDO Seidman Alliance. With BDO being the 5th largest firm in the world, Mantyla McReynolds can be as scalable as necessary to service companies as they grow from start-up to large successful enterprises. The firm is registered with the Public Company Accounting Oversight Board (PCAOB) and Center for Public Company Accounting Oversight Board (CPCAF). As members of the PCAOB and CPCAF, the firm is required to undergo rigorous quality control reviews, performed by government regulators and other CPA firms. The reviews are performed regularly and examine all internal procedures and records. As a result of these reviews, Mantyla McReynolds has obtained unqualified approval to continue performing accounting and auditing work for business clients.
For more information, visit .
About Scorpex, Inc.
Scorpex, Inc. is taking the necessary steps to own and operate a full service waste disposal and recycling company, capable of storing and disposing all types of waste, including those classified as industrial, toxic, and hazardous. The location chosen for the first Scorpex plant is strategically positioned to accommodate the vast region of Baja California, Mexico.
For more information, visit .
This press release may contain certain forward-looking statements regarding future circumstances. These forward-looking statements are based upon the Company's current expectations and assumptions and are subject to various risks and uncertainties that could cause actual results to differ materially from those contemplated in such forward-looking statements. Actual results, events, and performance may differ. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as to the date hereof. The Company undertakes no obligation to release publicly any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. The inclusion of any statement in this release does not constitute an admission by the Company or any other person that the events or circumstances described in such statements are material.
SOURCE: Scorpex, Inc.

Investor Relations Franco, Inc. J.R. Munoz, 310-891-1838

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