UNIONDALE, N.Y., May 23, 2013 /PRNewswire/ -- Kenilworth Systems Corporation or the Company, (OTC: KENS) announced that it has signed an engagement letter with Friedman, LLP ("Friedman"), to perform independent audits and reviews of the Company's financials. Friedman is headquartered in New York, New York.
On May 20, 2013, at a special meeting of the Board of Directors of Kenilworth, the Board approved the engagement of Friedman as the Company's independent registered public accounting firm to audit the Company's financial statements for the fiscal years ending December 31, 2005 through 2012. "This is a significant step forward for Kenilworth as the completion of this audit is an integral part of bringing Kenilworth into SEC compliance as a fully reporting public company," noted Dan W. Snyder, CEO. "While the audit is underway, the Management prepared financials have been submitted to, and filed with, the OTC Markets and are available on the OTC Markets website under the KENS symbol."
"Bringing the books and records of Kenilworth current and preparing for this independent audit has turned out to be a herculean task. In this effort, the Company appreciates the diligence and persistence of Scott Goodman, Consulting CFO, and the Kenilworth staff helping the Company to reach this goal."
Kenilworth Systems Corporation is an integrated technology corporation with intellectual property assets and technical capabilities in the live online gaming sector. The Company is based in Uniondale, NY and has a subsidiary, KenSysCo Gaming, Inc. in Las Vegas, NV.
Friedman, LLP with offices throughout NYC, New Jersey, Long Island and Beijing, has been serving the accounting, tax and business consulting needs of public and private companies since 1924. Friedman is the largest independent member firm of DFK International, an association of accounting firms across the country and around the world, affording global resources to meet their client's needs.
FORWARD LOOKING STATEMENTS
The information contained in this Press Announcement includes "forward-looking" statements within the meaning of section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and is subject to the safe harbors created thereby. Such information involves important risks and uncertainties that could significantly affect results in the future and, accordingly, such results may differ from those expressed in any forward looking statements herein. Future operating results may be adversely affected as a result of a number of factors.
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SOURCE Kenilworth Systems Corporation