Thursday, September 29, 2011

Scorpex, Inc. (SRPX) Moves Forward with Initiative to Become Fully Reporting; Engages Audit Firm

Scorpex, Inc., an emerging leader of industrial, hazardous and toxic waste disposal services in the Baja Mexico/California region, today announced the engagement of Mantyla McReynolds, a CPA firm based in Salt Lake City, Utah, as its audit firm. An audit from Mantyla McReynolds will allow the Company to file financial reports with the U.S. Securities and Exchange Commission (“SEC”) pursuant to the Securities Exchange Act of 1934 and increase transparency for both current and future investors.

As previously reported, Scorpex engaged the services of the Acadia Group to prepare for its audit and the filing of financial reports with the SEC. According to today’s release, the Acadia Group is working with Mantyla McReynolds to complete the audit as planned during the fourth quarter of this year.

Chief Executive Officer Joseph Caywood stated, “We are pleased to announce the Mantyla McReynolds engagement and look forward to completing the audit. Becoming fully reporting with the SEC is our goal, and engaging Mantyla McReynolds is a priority and significant milestone for our business.”


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