"Today, IFCR is pleased to report that good progre
Post# of 1873
Posted On: 04/20/2016 9:38:29 AM
"Today, IFCR is pleased to report that good progress has been made toward the completion of the audits of its prior year financial statements and the filing of our 10-K report," said Jace Simmons, CFO of Integrated Freight. "As most of our shareholders are aware, our filings were substantially delayed as a result of the administrative actions taken with the Company's former audit firm. As such, we are required to audit the prior two year period 2014-2015. Fortunately, we will be able to confirm much of our fiscal year end March 2016 period simultaneously."
According to Hank Hoffman, IFCR's COO, "Because of the SEC sanctions against our former auditor, IFCR engaged a new firm to re-audit previous reports which included the periods 2014 and 2015 as well as our March 2016 current year report. Timely filings remain our corporate priority and we have enlisted additional resources, as necessary, to complete this critical effort. Based upon our current timetable, we anticipate the 2014 and 2015 audits to be completed within the next six weeks and our current filings to be within SEC guidelines."
About Integrated Freight Corporation
Integrated Freight Corporation (OTC PINK: IFCR) provides long-haul, regional and local motor freight service. For its customers, the Company provides dry van and hazardous waste truckload services in well-established traffic lanes in the Upper Midwest, Texas, California and along the Atlantic seaboard. For its shareholders, Integrated Freight acquires operating motor freight companies that build, maintain and deliver shareholder value. The Company's corporate mission is to be the best niche motor carrier in North America.
According to Hank Hoffman, IFCR's COO, "Because of the SEC sanctions against our former auditor, IFCR engaged a new firm to re-audit previous reports which included the periods 2014 and 2015 as well as our March 2016 current year report. Timely filings remain our corporate priority and we have enlisted additional resources, as necessary, to complete this critical effort. Based upon our current timetable, we anticipate the 2014 and 2015 audits to be completed within the next six weeks and our current filings to be within SEC guidelines."
About Integrated Freight Corporation
Integrated Freight Corporation (OTC PINK: IFCR) provides long-haul, regional and local motor freight service. For its customers, the Company provides dry van and hazardous waste truckload services in well-established traffic lanes in the Upper Midwest, Texas, California and along the Atlantic seaboard. For its shareholders, Integrated Freight acquires operating motor freight companies that build, maintain and deliver shareholder value. The Company's corporate mission is to be the best niche motor carrier in North America.
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