TX Rail Products, Inc. Engages Griffith, De Laney, Hillman & Lett as Its Independent Auditor
TX Rail Products, Inc. (OTC Markets PINK: TXRP), a supplier of rail products to the U.S. coal mining industry, short line railroads, and tunneling contractors, has engaged Griffith, De Laney, Hillman & Lett as its independent auditor. This PCAOB registered firm will audit TXRP's financial statements for the period ending September 30, 2024.
CEO Mr. Shrewsbury stated that this engagement is an important step towards uplisting TXRP's stock to a national exchange. He also mentioned the company's improving financial results and positioning for continued business improvements. Griffith, De Laney, Hillman & Lett is a boutique accounting firm based in the tri-state area of Kentucky, specializing in middle-market companies.
TX Rail Products, Inc. (OTC Markets PINK: TXRP), fornitore di prodotti ferroviari per l'industria mineraria del carbone negli Stati Uniti, ferrovie a corta distanza e appaltatori di tunneling, ha incaricato Griffith, De Laney, Hillman & Lett come proprio revisore indipendente. Questa società registrata presso la PCAOB eseguirà la revisione dei bilanci di TXRP per il periodo che termina il 30 settembre 2024.
Il CEO, Mr. Shrewsbury, ha dichiarato che questo incarico rappresenta un passo importante verso il passaggio delle azioni di TXRP a una borsa nazionale. Ha anche menzionato i risultati finanziari in miglioramento dell'azienda e la sua posizione per continui miglioramenti aziendali. Griffith, De Laney, Hillman & Lett è una boutique di contabilità con sede nell'area tri-statale del Kentucky, specializzata in aziende di mercato intermedio.
TX Rail Products, Inc. (OTC Markets PINK: TXRP), un proveedor de productos ferroviarios para la industria del carbón en EE. UU., ferrocarriles de corta distancia y contratistas de túneles, ha contratado a Griffith, De Laney, Hillman & Lett como su auditor independiente. Esta firma registrada en la PCAOB auditará los estados financieros de TXRP para el período que finaliza el 30 de septiembre de 2024.
El CEO, Sr. Shrewsbury, declaró que este encargo es un paso importante hacia la cotización de las acciones de TXRP en una bolsa nacional. También mencionó los resultados financieros en mejora de la empresa y su posicionamiento para continuar con mejoras comerciales. Griffith, De Laney, Hillman & Lett es una firma de contabilidad boutique con sede en el área triconfederal de Kentucky, especializada en empresas de mercado medio.
TX Rail Products, Inc. (OTC Markets PINK: TXRP)는 미국 석탄 채굴 산업, 단선 철도 및 터널 계약자에게 철도 제품을 공급하는 업체로, Griffith, De Laney, Hillman & Lett를 독립 감사인으로 선정했습니다. 이 PCAOB 등록 회사는 2024년 9월 30일로 끝나는 기간 동안 TXRP의 재무 제표를 감사할 것입니다.
CEO인 Mr. Shrewsbury는 이 계약이 TXRP의 주식을 전국 거래소에 상장하기 위한 중요한 단계라고 말씀했습니다. 그는 또한 회사의 개선되고 있는 재무 결과와 지속적인 비즈니스 개선을 위한 위치에 대해서도 언급했습니다. Griffith, De Laney, Hillman & Lett는 켄터키의 삼개 주 지역에 본사를 두고 중견 기업을 전문으로 하는 부티크 회계 회사입니다.
TX Rail Products, Inc. (OTC Markets PINK: TXRP), un fournisseur de produits ferroviaires pour l'industrie charbonnière américaine, les chemins de fer court-courrier et les entrepreneurs en tunnel, a engagé Griffith, De Laney, Hillman & Lett comme auditeur indépendant. Cette firme enregistrée auprès de la PCAOB va auditer les états financiers de TXRP pour la période se terminant le 30 septembre 2024.
Le PDG, M. Shrewsbury, a déclaré que cet engagement représente une étape importante vers la cotation des actions de TXRP sur une bourse nationale. Il a également mentionné les résultats financiers en amélioration de l'entreprise et son positionnement pour des améliorations commerciales continues. Griffith, De Laney, Hillman & Lett est un cabinet de comptabilité boutique basé dans la région des trois États du Kentucky, spécialisé dans les entreprises de taille intermédiaire.
TX Rail Products, Inc. (OTC Markets PINK: TXRP), ein Anbieter von Schienenprodukten für die US-Kohlebergbauindustrie, kurze Bahnlinien und Tunnelbauaufträge, hat Griffith, De Laney, Hillman & Lett als unabhängigen Wirtschaftsprüfer beauftragt. Diese bei der PCAOB registrierte Firma wird die Finanzberichte von TXRP für den Zeitraum bis zum 30. September 2024 prüfen.
Der CEO, Mr. Shrewsbury, erklärte, dass dieser Auftrag ein wichtiger Schritt zur Notierung der TXRP-Aktien an einer nationalen Börse sei. Er erwähnte auch die sich verbessernden finanziellen Ergebnisse des Unternehmens und die Positionierung für kontinuierliche Geschäftsverbesserungen. Griffith, De Laney, Hillman & Lett ist eine Boutique-Wirtschaftsprüfungsgesellschaft mit Sitz im Dreistaatsgebiet Kentucky, die auf mittelständische Unternehmen spezialisiert ist.
- Engagement of a PCAOB registered auditing firm
- Step towards uplisting to a national exchange
- Reported improving financial results in recent quarters
- None.
ASHLAND, Ky., Sept. 12, 2024 (GLOBE NEWSWIRE) -- TX Rail Products, Inc. (OTC Markets PINK: TXRP), a supplier of rail and rail products to the U.S. coal mining industry, short line railroads and tunneling contractors, today announced it has engaged Griffith, De Laney, Hillman & Lett, a PCAOB registered accounting and auditing firm to perform an audit of the company’s financial statements for the period ending September 30, 2024.
Mr. Shrewsbury, CEO and Chairman of TX Rail Products, Inc., commented, “We are pleased to engage Griffith, De Laney as our independent audit firm, an important next step towards uplisting our stock to a national exchange. We have delivered improving financial results in recent quarters and are well-positioned to continue to drive improvements in our business. Engaging an independent audit firm will help provide the highest level of assurance in our reported results.”
Based in the tri-state area of Kentucky, Griffith, De Laney, Hillman & Lett is a boutique accounting firm focused on serving middle-market companies. The firm offers its clients a full spectrum of traditional tax, accounting, audit and consulting services.
Forward-Looking and Cautionary Statements
Except for the historical information and discussions contained herein, statements contained in this release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (PSLRA) and other applicable law. When used, the words "believe", "anticipate", "estimate", "project", "should", "expect", "plan", "assume" and similar expressions that do not relate solely to historical matters identify forward-looking statements. Forward-looking statements are based on the Company's current assumptions regarding future business and financial performance. Forward-looking statements concerning future plans or results are necessarily only estimates and actual results could differ materially from expectations. These statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially, including the following: our ability to implement our business strategy; our financial strategy; a downturn in economic environment; our failure to meet growth and productivity objectives; a failure of our innovation initiatives; risks from investing in growth opportunities; fluctuations in financial results and purchases; the impact of local legal, economic, political and health conditions; adverse effects from environmental matters and tax matters; ineffective internal controls; our use of accounting estimates; our ability to attract and retain key personnel and our reliance on critical skills; impact of relationships with critical suppliers; currency fluctuations and customer financing risks; the impact of changes in market liquidity conditions and customer credit risk on receivables; our reliance on third party distribution channels; Securities and Exchange Commission regulations related to trading in "penny stocks;" the continued availability of certain financing provided by our CEO; and other risks, uncertainties and factors or in materials incorporated therein by reference. Any forward-looking statement in this release speaks only as of the date on which it is made. We assume no obligation to update or revise any forward-looking statement. Notwithstanding the above, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1933, as amended, expressly state that the safe harbor for forward looking statements does not apply to companies that issue penny stocks. Because we may from time to time be considered to be an issuer of penny stock, the safe harbor for forward looking statements under the PSLRA may not be apply to us at certain times
FAQ
What auditing firm has TX Rail Products (TXRP) engaged for its financial statements?
Why is TX Rail Products (TXRP) engaging an independent auditor?
What period will Griffith, De Laney, Hillman & Lett audit for TX Rail Products (TXRP)?
What industries does TX Rail Products (TXRP) serve?
