New Accounted to be hired
8k filed
On October 4, 2013, the Audit Committee of the Board of Directors of First China Pharmaceutical Group, Inc. (the “Company”) engaged Marcum Bernstein & Pinchuk LLP (the “New Accountant”) as its independent registered public accounting firm to audit the Company’s financial statements for the Company’s current fiscal year ending December 31, 2013 and the fiscal year ended December 31, 2012. The New Accountant will now complete its onsite due diligence before formally accepting the engagement. The due diligence is expected to be completed before the end of October 2013.
This is good news, According to Marcum Bernstein & Pinchuk LLP web site they have a not only been involved with Chinese companies abut also have a presence.
I am assuming FCPG the company may have access to the previous audit from Rotenberg.
Again at least this is progress.