SALT LAKE CITY, Dec. 11, 2014 (GLOBE NEWSWIRE) -- American Transportation Holdings, Inc., (OTC:ATHI) announced that it will hire a PCAOB certified accounting firm to audit the company and assist it to become fully reporting during the first quarter of 2015. The company's Audit Committee voted unanimously in to hire an accounting firm that can audit the company and assist with becoming fully reporting and file periodic reports with the SEC.
Management is in favor of becoming fully reporting. "This is a vote for transparency in the market," said Ian Stewart, CEO of ATHI. "We are establishing a culture of transparency and providing investors the complete picture of our company," he said.
The Company hired Mr. Stewart in the later part of 2014 to initiate its aggressive growth strategy and venture in its new business in the peer to peer betting market. According to Digi-Capital's 2013 market research report, the games development market is seen as one of the most stable markets with a steady growth rate of about 12.2 % CAGR and the market itself is seen as the third biggest world-market. Digi-Capital believes that based on its market research market will reach $83 billion by 2016.
ATHI is a diversified, worldwide gaming company who will become a fully-reporting NASDAQ company in 2015. ATHI innovates, designs, manufactures, operates, and distributes advanced technology-based gaming, as well as interactive and mobile solutions. The Company offers game channels for consumers to embrace their growing appetite for head to head casual games and the technology to place bets safely through PayPal. Please go to www.ath-inc.com to learn more about the ATHI.
PLEASE REFER TO THE ATHI WEBSITE FOR A STATEMENT REGARDING ITS FORWARD LOOKING STATEMENTS.
