Geo Finance Corporation (PINK SHEETS: GEFI) Moves to List on the OTCBB
August 17 2011 - 9:30AM
Marketwired
Geo Finance Corporation (PINK SHEETS: GEFI) - is pleased to
announce that in continuation of the company's recent success in
hitting its corporate milestones, it intends to become a fully
reporting entity and move onto the OTCBB along with a higher tier
of Pink Sheets.
GEFI 's management has always endeavoured to provide full
transparency to its shareholders and determined that it was
necessary to have fully compliant audited financial statements as
it adds revenues, assets and greater numbers of shareholders.
"We have numbers to report" stated John M. Arnold, CEO of GEFI,
"We're producing oil, earning revenues, acquiring assets and adding
shareholders. In today's volatile investment environment, fully
audited financial statements are a necessary tool for our
stakeholders."
Arnold underscored the importance of moving to the OTCBB,
stating, "Moving to the OTCBB is a time sensitive goal management
needs to fulfill so that we can move forward with other more
important phases to truly grow our business and achieve continued
success in the energy industry."
For the past several months, the company has been interviewing
auditors experienced in the needs and requirements of emerging
companies. The company is expected to make its decision as to the
audit firm which will provide the best cost effective services to
the company's shareholders and announce it shortly.
About Geo Finance Corporation:
Geo Finance Corporation is a Florida entity established to
develop and invest in energy related projects including waste to
energy, geothermal collection fields, natural gas and petroleum
production. The administrative office is based in Toronto, ON,
Canada.
SAFE HARBOR FOR FORWARD-LOOKING STATEMENTS
Statements in this document regarding the Transaction, the
expected timetable for completing the Transaction, benefits and
synergies of the Transaction, future opportunities for the company,
expectations regarding the value and benefits of the Transaction
and any other statements about Geo Finance Corporation's
managements' future expectations, beliefs, goals, plans or
prospects constitute forward-looking statements within the meaning
of the United States Private Securities Litigation Reform Act of
1995 and other applicable securities laws. Any statements that are
not statements of historical fact (including statements containing
the words "believes," "plans," "anticipates," "expects," estimates
and similar expressions) should also be considered to be
forward-looking statements. There are a number of important factors
that could cause actual results or events to differ materially
Except as required by applicable law, Geo Finance Corporation
disclaims any intention or obligation to update any forward-looking
statements as a result of developments occurring after the date of
this document.
Contacts: Geo Finance Corporation John M. Arnold C.E.O. 1 416
669 2416 info@geofinancecorp.com www.geofinancecorp.com
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