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Silverstar Holdings Ltd - Commo Message Board

  • mtgfriendofman mtgfriendofman Nov 10, 2008 8:33 PM Flag

    I Coulda Told You This Last Yr!

    On November 7, 2008, the Company issued a press release stating that the Company's independent registered public accounting firm, Rachlin LLP, has included an explanatory paragraph in their audit opinion for the fiscal year ended June 30, 2008, which opinion was included in the Company's Annual Report on Form 10-K for the year ended June 30, 2008 expressing doubt about the Company's ability to continue as a going concern. The press release was issued in compliance with Nasdaq Marketplace Rule 4350(b)(1)(B), which requires separate disclosure of receipt of an audit opinion that contains a going concern opinion. A copy of the press release is attached as Exhibit 99.2 and is incorporated herein by reference.

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