InvestorsHub Logo
icon url

FORTISGR

05/18/12 12:41 PM

#863 RE: zoepan #862

Boys:

This is not first time SGOCO changes Auditor. please read this: JULY 2011.

SGOCO Group, Ltd. (NASDAQ: SGOC), (the “Company” or “SGOCO”), a company focused on building its own brands and retail distribution network in the Chinese flat panel display market, including monitors, TVs, and application specific products, today announced the appointment of Grant Thornton, China member firm of Grant Thornton International (“Grant Thornton”) as the Company’s independent registered public accounting firm replacing Frazer Frost, LLP. The decision to change auditors is not due to any disagreement between the Company and Frazer Frost on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedures.