NEW YORK, July 5, 2017 /PRNewswire/ -- American Education Center, Inc., ("AEC" or the "Company;" OTCQB: AMCT), a publicly reporting, emerging growth company providing educational and career enrichment opportunities for students, teachers, enterprises and educational institutions between China and the United States, and executive training services to enterprise clients in China, announced that on May 23, 2017, the Board of Director of the Company approved the appointment of Marcum Bernstein & Pinchuk LLP ("MarcumBP") as the Company's independent registered public accounting firm for the Company's fiscal year ending December 31, 2017, pending MarcumBP's internal approval process of client intake. On June 22, 2017, MarcumBP completed its internal acceptance procedures and formally accepted the Company as a client. Accordingly, on June 22, 2017, MarcumBP replaced Wei, Wei & Co. LLP as the independent auditors for the Company with immediate effect.
Jay F. McKeage, Chief Executive Officer of AEC, noted, "We are pleased to announce the appointment of MarcumBP as AEC's independent auditor for this fiscal year. The firm combines a large audit practice in the United States with one of the largest, most experienced accounting groups in China servicing U.S. public companies, and as such is well-positioned to provide auditing services to AEC as we move ahead with our plans to grow both domestically and internationally."
For more information regarding this appointment please refer to the Company's Current Report on Form 8-K/A filed with the U.S. Securities and Exchange Commission on June 28, 2017.
About Marcum Bernstein & Pinchuk LLP
Marcum Bernstein & Pinchuk LLP is an independent public accounting firm with a strong focus on cross-border services for public and private companies. MarcumBP is one of the leading providers of audit and assurance services to Chinese companies listed on the U.S. stock markets and has offices in major cities in China, including Beijing, Shanghai, Guangzhou, Hangzhou and Shenzhen. For further information please visit http://www.marcumbp.com/.
About American Education Center, Inc. (OTCQB: AMCT)
AEC's rapidly growing business provides one-stop comprehensive consulting services for international students, educators, institutions and enterprise executives. The Company's services include both international education exchange, by providing educational and career enrichment opportunities for students, teachers, and educational institutions between China and the United States, and executive training services in the food industry. The Company currently provides admission, training and other consulting services to Chinese students wishing to study in the United States. The Company also provides exchange and placement services for qualified United States educators to teach in China. In addition, the Company provides customized training programs and consulting services for executives of enterprise clients in China.
Emerging Markets Consulting, LLC
Disclaimer: This press release may contain forward-looking statements that involve risks and uncertainties. Actual results may differ materially from the results predicted, and reported results should not be considered as an indication of future performance. Factors such as the development of general economic conditions, future market conditions, unusual catastrophic loss events, changes in the capital markets and other circumstances may cause the actual events or results to be materially different from those anticipated by such statements. American Education Center, Inc. does not make any representation or warranty, express or implied, as to the accuracy, completeness or updated status of such statements. Therefore, in no case whatsoever will AEC and its affiliate companies be liable to anyone for any decision made or action taken in conjunction with the information and/or statements in this press release or for any related damages.
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SOURCE American Education Center, Inc.