Mundus Group, Inc. (MNDS.PK) announced today that the audited financial statement for fiscal year ending January 31. 2008 has not been finished yet. Although the Company has spent a significant amount of time and resources on the auditing process, additional time is needed for the Company and its public accountants to complete their evaluation and finalize their conclusions. The new deadline for it is the end of May, beginning of June 2008
The Company will file Form 10-SB with the U.S. Securities and Exchange Commission ("SEC"), after the release of its audited financial statement for fiscal year ending January 31. 2008
About the Company
As a Parent Holding company, Mundus Group functions from the perspective of a design-engineering firm. This is the nucleolus that directs what acquisitions are made and creates strategic alliances, develops proprietary technology and patents that bring the expertise and create the real value for the Mundus Group. The Company expects to retain the strong management teams in each business unit, capitalizing on their local knowledge of competitors and operating climate, along with their loyal customer relationships.
Safe Harbor Statement
This Press Release may contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The Company has tried, whenever possible, to identify these forward-looking statements using words such as "anticipates", "believes", "estimates", "expects", "plans", "intends", "potential" and similar expressions. These statements reflect the Company's current beliefs and are based upon information currently available to it.
Accordingly, such forward looking statements involve known and unknown risks, uncertainties and other factors which could cause the Company's actual results, performance or achievements to differ materially from those expressed in or implied by such statements. The Company undertakes no obligation to update or advise in the event of any change, addition or alteration to the information catered in this Press Release including such forward-looking statements
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