Homepage United Fruit & Produce Corp., Inc newsroom

UNITED FRUIT & PRODUCE CO., INC appoints new independent public accounting firm and independent auditor

Announcement posted by United Fruit & Produce Corp., Inc 29 Nov 2018

UNITED FRUIT & PRODUCE CO., INC appoints new independent public accounting firm and independent auditor

NEW YORK, November 28, 2018 (press release) -- UNITED FRUIT & PRODUCE CO., INC. (www.unitedfruitproduce.com), today announced that the company has appointed MaloneBailey, LLP to serve as its new independent public accounting firm and independent auditor, effective immediately.  After conducting an extensive evaluation, the board of directors selected MaloneBailey, LLP (www.malonebailey.com). MaloneBailey, is a Houston-based accounting firm ranked among top audit firms in America, providing auditing for a wide variety of public and private companies.

The company reached a decision to engage the selected PCAOB qualified auditor as part of its commitment to provide investors with an increased transparency of company operations.  The financial statements will be U.S. GAAP, PCAOB-audited financial statements.  MaloneBailey will be performing a two-year audit. Danny Xu, known as the "King of Produce", Chief Executive Officer of United Fruit & Produce Co., stated, “We are delighted with the expertise MaloneBailey brings to the table, and we believe that MaloneBailey’s in-depth capabilities are closely aligned with our strategic growth plans.”

ABOUT UNITED FRUIT & PRODUCE CO.

UNITED FRUIT & PRODUCE CO., INC is a leader in the distribution of niche Asian market sales throughout the New York metropolitan area. UNITED FRUIT & PRODUCE CO., INC has been providing our customers with niche Asian market products for over a decade. Currently our company services hundreds of New York tri-state area customers; including supermarkets, restaurants, retail vendors and B2B wholesale companies. Our company continues expanding our customer base and distribution to other states including: New York, New Jersey, Connecticut, Maryland, Pennsylvania, Florida, California, Illinois and Canada.

UNITED FRUIT & PRODUCE CO., INC also forms strategic partnerships with independent farmers and suppliers domestically and internationally. Within the U.S, we have operational footprints in Florida, California, New Jersey, New York, Maryland, Virginia, North Carolina, South Caroline, Georgia and Washington State. Internationally, our company operations expand into Mexico, Dominica Republic, Guatemala, Honduras, Ecuador, Chili, Peru, China, Vietnam, South Korea, Malaysia, Italy, Spain, New Zealand, Egypt and Israel.

Forward-Looking Information: 

Cautionary Note:

The statements in this press release constitute forward-looking statements within the meaning of federal securities laws. Such statements are based on our current beliefs and expectations and are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are beyond our control. In addition, such forward-looking statements are subject to assumptions with respect to future business strategies and decisions that are subject to change. Potential risks and uncertainties include, but are not limited to, technical advances in the industry as well as political and economic conditions present within the industry. In the case of any offering, such securities will not be or have not been registered under the Securities Act of !933 and may not be sold in the United States absent registration or an applicable exemption therefrom We do not take any obligation to update any forward-looking statement to reflect events or developments after a forward-looking statement was made.

For more information: 

Danny Yun

Chief Operating Officer

917-880-1113

investor.relations@unitedfruitproduce.com

www.unitedfruitproduce.com