Privileged World Travel Club, Inc. Files Form 8-K; Updates Shareholders on Status of Annual Report for Year Ended December 31...
15 Aprile 2014 - 2:15PM
Marketwired
Privileged World Travel Club, Inc. Files Form 8-K; Updates
Shareholders on Status of Annual Report for Year Ended December 31,
2013
TIBURON, CA--(Marketwired - Apr 15, 2014) - Privileged
World Travel Club, Inc. (OTCQB: PVCL) filed Form 8-K today with the
Securities and Exchange Commission reporting that due to its
recently reported change in independent public accountants, its
Form 10-K Annual Report for the fiscal year ended December 31, 2013
will not be filed by April 15.
On March 5, 2014, the Company's former independent auditor Kenne
Ruan, CPA, P.C. notified the Company of his resignation. On March
10, 2014, the Company retained Cutler & Co., LLC as its
principal independent auditor.
Incidentally with the change of auditing firms, the Company
filed Form 8-K with the Commission on March 12, 2014. In
conjunction with the retention of Cutler & Co., LLC, the
Company also retained new accounting staff to help prepare the
financial statements for the year ended December 31, 2013.
"Our accounting and legal team are working diligently to
finalize the Form 10-K. We are committed to filing as soon as
possible, considering the challenges the Company faced in the wake
of our change in independent auditors, and the short time line to
complete our year end audit."
ABOUT PRIVILEGED. www.privilegedwtc.com The business of
Privileged is to provide exclusive travel services to persons
("Members") who elect to join the prestigious Privileged World
Travel Club (the "Privileged Travel Club") and international
travelers bound for the United States. Immediately after
joining, Members of the Privileged Travel Club can begin enjoying
the services their membership offers. The Company provides luxury
services with a high standard of value. Company management feels
that the prices offered by the club are reasonable and very
attainable by all Members to travel any time they wish. The Company
is specially focused to offer its Members luxury membership travel
products and services at specially discounted prices. The Company's
concept is to offer services to a larger audience and thereby
increase the reach to more markets.
FORWARD-LOOKING STATEMENTS This news release includes
forward-looking statements. While these statements are made to
convey to the public the company's
progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent
management's opinion. The company's
operations and business prospects are always subject to risk and uncertainties. Triton
disclaims any obligation or intention to update any forward-looking
statement.
Contact: Privileged World Travel Club, Inc.
info@privilegedwtc.com
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