KAMLOOPS, British Columbia--(BUSINESS WIRE)--July 13, 2005--Greyfield Capital, Inc. (Pink Sheets:GRYF - News) has appointed KPMG as auditor for its operations in Canada. KPMG is recognized globally as one of the top accounting firms in the world. Both Greyfield and KPMG are committed to a structure of corporate social responsibility. Additional information about KPMG is available at their website, http://www.KPMG.com.
Greyfield is setting a higher standard for pink sheet stocks. Voluntarily, the company is having its revenue and profit numbers audited by one of the top accounting firms in the world.
Since the audit by KPMG is already in progress, management will release all financial data once the audit is complete. In addition, having financial statements audited is a requirement to be listed on the OTCBB. After completion of the audit, Greyfield will file the necessary paperwork for its Canadian operations to be listed on the OTCBB.
New management of Greyfield is committed to having an open relationship with all of its shareholders.
About Greyfield Capital
Canadian Autorama is the Canadian subsidiary of Greyfield Capital and is a highly profitable, fast growing premium automobile dealership in Canada. Canadian Autorama has been in operation for the last 3 years and has experienced explosive growth and is quickly becoming the largest automobile dealership in central Canada.
About KPMG
KPMG is a global network of professional services firms providing Audit, Tax and Advisory services. We operate in 148 countries and have around 6,500 partners, 70,000 client service professionals, and 17,000 administration and support staff working in member firms around the world.
CAUTIONARY STATEMENT: This news release may include forward-looking statements within the meaning of Section 21E of the United States Securities Exchange Act as amended, and/or the U.S. Private Securities Litigation Reform Act of 1995. All statements involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements that involve various risks and uncertainties. All forward-looking statements in this release are expressly qualified by this notice. Contact:
Greyfield Capital, Inc. O' Bell, 415-738-6950
IP: Logged |
posted
There is a lot of talk out there about this stock being the group play of the year - won't say who - but most of you know the 'shaky' group. If so, it could be huge.
If GRYF turns into the CarMax of Canada, it WILL be huge.
No matter what, this company is now a serious contender to become a full blown, big time, big board stock down the road. That's why they hired the top accounting firm.
They only expand into BIG markets as well.
Major player - next CarMax I think someone said, or the CarMax of Canada. That's a $27 a share company, I believe the quote was.
I'll load up at good prices.
We are heading back to .05 eventually.
IP: Logged |
posted
GRYF news out. Filing to be full reporting OTC stock it looks:
Press Release Source: Greyfield Capital Inc.
Greyfield Clarifies Press Release Issued on July 13 Monday July 18, 4:16 pm ET
KAMLOOPS, British Columbia--(BUSINESS WIRE)--July 18, 2005--Greyfield Capital Inc. (Pink Sheets: GRYF - News) would like to clarify the press release issued on July 13, 2005. The press release should read as follows: Greyfield has appointed KPMG LLP (Canada) as auditor of Canadian Autorama, the company's Canadian subsidiary. Additional information about KPMG is available at their Web site, http://www.kpmg.ca.
Since the audit by KPMG is already in progress, management will release all financial data once the audit is complete. In addition, having financial statements audited is a requirement to be listed on the OTCBB. After completion of the audit, Greyfield will file the necessary paperwork for its Canadian operations to be listed on the OTCBB.
New management of Greyfield is committed to having an open relationship with all of its shareholders.
IP: Logged |
posted
No - not bad - but THIS pr just out is a good pr:
Press Release Source: Greyfield Capital, Inc.
Greyfield Launching New Dealership in Nelson Tuesday July 19, 10:18 am ET Merrit Autorama Open for Business
KAMLOOPS, British Columbia--(BUSINESS WIRE)--July 19, 2005--Greyfield Capital, Inc (Pink Sheets:GRYF - News) is continuing with its aggressive expansion plans and has signed a lease for 3 acres of land in Nelson, BC. This will be the location for the new dealership. Greyfield has a successful and profitable business model and is now duplicating this with the launch of each new dealership. The opening of each new dealership will increase revenue and profits.
Nelson and the surrounding areas have a population center of around 200,000 people. In order for the company to achieve a profit from each of its dealerships, the surrounding areas of the city must have a minimum of 50,000 people. The new dealership will be launched shortly.
The companies new dealership of Merrit, BC opened for business as scheduled. Each new dealership will increase revenue and profits to the company.
New management of Greyfield is committed to having an open relationship with all of its shareholders.
IP: Logged |
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
![[Frown]](frown.gif)
