TORONTO, ONTARIO — (Marketwire) — 08/26/11 — Geo Finance Corporation (PINK SHEETS: GEFI) is pleased to announce that it has signed the engagement letter to retain MaloneBailey, LLP, Certified Public Accounting Firm, with offices in Houston, New York and Shenzhen, as auditors for the Corporation. MaloneBailey is a market-leading, full-service accounting firm delivering high-quality small and middle-market private and public company audit and tax services under IRS, AICPA SEC, PCAOB and CPAB rules, as they apply.
MaloneBailey specializes in auditing smaller SEC companies and is one of only ten firms in the world that audit more than 100 U.S. Publicly Traded Companies which has enabled them to develop a thorough understanding of small public company audit complexities and offer high quality and efficient audits.
John M Arnold, C.E.O. Geo Finance Corporation states that providing audited financial reports is a step toward listing its shares on the OTC Bulletin Board which will continue the company–s growth and advancement.
About Geo Finance Corporation: Geo Finance Corporation is a Florida entity established to develop and invest in energy related projects including waste to energy, geothermal collection fields, natural gas and petroleum production. The administrative office is based in Toronto, ON, Canada.
SAFE HARBOR FOR FORWARD-LOOKING STATEMENTS
Statements in this document regarding the Transaction, the expected timetable for completing the Transaction, benefits and synergies of the Transaction, future opportunities for the company, expectations regarding the value and benefits of the Transaction and any other statements about Geo Finance Corporation–s managements– future expectations, beliefs, goals, plans or prospects constitute forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995 and other applicable securities laws. Any statements that are not statements of historical fact (including statements containing the words “believes,” “plans,” “anticipates,” “expects,” estimates and similar expressions) should also be considered to be forward-looking statements. There are a number of important factors that could cause actual results or events to differ materially from those indicated by such forward-looking statements, including, but not limited to: the ability of the parties to consummate the Transaction and satisfy the conditions thereunder; the ability to obtain, the impact of any actions taken by any other party to complicate, delay or prevent the transaction and the ability to produce commercially viable quantities of gas or oil from the Archer Field. Except as required by applicable law, Geo Finance Corporation disclaims any intention or obligation to update any forward-looking statements as a result of developments occurring after the date of this document.
Contacts:
Geo Finance Corporation
John M. Arnold
C.E.O.
1 416 669 2416