FT. LAUDERDALE, Fla., Feb. 25, 2009 (GLOBE NEWSWIRE) -- Cross Atlantic Commodities, Inc. (Other OTC:CXAC.PK - News) is pleased to announce that it has retained a CPA firm to assist with full disclosure.
Jorge Bravo, President and CEO of CXAC, stated, ``As part of our discipline of continuously bringing adequate current information to the investment community we have retained the accounting services of Kim Marks, CPA of Miami, FL to assist with the disclosure of our financials.''
``In the best interest of our investors, CXAC will be fully transparent. Full disclosure is a must in today's economy,'' stated Bravo.
Moving forward CXAC will begin to report quarterly financials, amendments to its articles of incorporation, reports to shareholders, merger announcements, officer/director appointments and any other corporate information deemed relevant to full disclosure.
Bravo stated, ``It is time for CXAC to walk the walk. We've been talking about what we are doing to bring shareholder value back to our investors; it is time to show the public what we are doing.''
Within the next 45 days CXAC should have information disclosed with http://www.pinksheets.com that will put them at the status of CURRENT INFORMATION.
``We are very pleased to be working with Kim Marks, CPA. CXAC was last transparent during the second quarter 2008 and we believe this is a significant step in regaining the investment community's trust. We are moving forward and being transparent is very necessary. This is a very important step for CXAC; we are proud of what we have accomplished and want the community to be aware of what we are doing,'' concluded Bravo.
Other news: Launching of the commercial has commenced, and please go to our website http://www.crossac.com to see the complete schedule.
About Cross Atlantic Commodities, Inc.
Cross Atlantic Commodities, Inc. manufactures, distributes and markets specialty food products and general merchandise to large food chains and clubs. Spray n Shine is our environmentally friendly waterless wash & wax that will clean up to five cars in a single can without the use of water or soap. Rejuv by Caci(r) is our immediate results anti-aging cream. Cross Atlantic Commodities, Inc. is a publicly traded company under the symbol CXAC. For more information, visit http://www.crossac.com.
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