08.09.2010 12:29:00
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Cordia Corporation Retains Independent Auditing Firm
Cordia Corporation (OTCBB: CORG), a global communications service provider, has engaged the firm of Weinberg & Company, P.A. as its independent auditing firm to audit fiscal year ends 2009 and 2010. Upon completion of the audits, the Company intends to prepare and file a Form-10 with the Securities and Exchange Commission for the year ending 2010. Cordia plans on becoming a fully reporting company filing quarterly and annual audited financial results going forward.
"During the last two years Cordia has made significant investments in Brazil, Hong Kong, the Philippines and India,” said Kevin Griffo, Cordia’s President and CEO. "We are beginning to see the benefits of these investments and it is time for us to re-join the ranks of fully reporting companies.”
In addition, Cordia has also retained the corporate marketing and strategic planning firm of Bibicoff + MacInnis, Inc. to assist in Cordia’s re-entry into the reporting system and improve its’ visibility in and communication with the investment community. "I have been an investor in Cordia since 2006,” said Harvey Bibicoff, CEO of Bibicoff + MacInnis, Inc., "and I am looking forward to assisting the Company in the process to upgrade its status to that of a fully reporting company. This is an important first of many steps in improving visibility and liquidity for Cordia’s shareholders.”
About Cordia
Through its operating subsidiaries (Cordia Communications Corp., CordiaIP Corp., My Tel Co, Inc., Northstar Telecom, Inc., Cordia Prepaid Corp. and Cordia International Corp.), Cordia Corporation, (www.cordia.us) offers business, residential, enterprise business, and wholesale customers local and long distance telecommunications services in more than 60 countries utilizing traditional wireline and Voice over Internet Protocol ("VoIP”) technologies. In addition, Cordia develops and provides a suite of proprietary web-based billing software and outsourced services to local, long distance and VoIP telecommunications providers.
Safe Harbor Statement
This release contains forward-looking statements that involve risks and uncertainties. Cordia's actual results may differ materially from the results discussed in the forward-looking statements. Factors that might cause such a difference include, among others, availability of management; availability, terms, and deployment of capital; Cordia's ability to successfully market its services to current and new customers, generate customer demand for its product and services in the geographical areas in which Cordia can operate, access new markets, all in a timely manner, at reasonable cost and on satisfactory terms and conditions; as well as regulatory, legislative and judicial developments that could cause actual results to vary in such forward-looking statements.
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