Amnutria Dairy Changes Name to Emerald Dairy
Our goal to increase our size and production capacity over the next two years, focuses mainly on the build-out of our processing facilities, so we feel our new name and ticker more accurately reflect this core growth strategy.
30/01/08 Amnutria Dairy Inc. announced that it has effected a corporate name change to Emerald Dairy Inc, and effective immediately, the Company's stock is trading under the new ticker symbol "EMDY."
Mr. Shu Kaneko, Chief Financial Officer stated, "We are pleased to make the name of our processing facility, which means 'Emerald' in English, our new overall corporate identity. Our goal to increase our size and production capacity over the next two years, focuses mainly on the build-out of our processing facilities, so we feel our new name and ticker more accurately reflect this core growth strategy. 'Emerald' also reflects the Company's 'green' image as we pursue organic certification and labeling on all of our products."
Additionally, the Company announced that Windes & McClaughry Accountancy Corporation, a member of Baker Tilly International, has succeeded Murrell, Hall, McIntosh & Co., PLLP (MHM) as its independent registered public accounting firm, effective as of January 25, 2008.
Mr. Kaneko continued, "We look forward to working with Windes & McClaughry. As a member firm of Baker Tilly International, with a presence in the U.S. and in China, we believe they have the breadth of accounting expertise we need as we continue to grow our business."
Prior to the dismissal, Murrell, Hall, McIntosh & Co., PLLP (MHM) had neither audited any of the Company's consolidated financial statements, nor reviewed any of the Company's unaudited interim reports, having replaced its previous independent registered public accounting firm, Mantyla McReynolds, LLC, on November 19, 2007. There have been no disagreements between the Company and MHM on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure.
