Brunton Vineyards Holdings Expects Completion of GAAP Audits by May 2007.Company Retained Prominent Accounting Firm as Independent Registered Public Accounting Firm SAN FRANCISCO -- Brunton Vineyards Holdings, Inc. (Pink Sheets:BVYH), committed to becoming a fully reporting public company, says it expects to compete its GAAP GAAP See: Generally Accepted Accounting Principles GAAP See generally accepted accounting principles (GAAP). audits by the end of May as it retained Gruber & Company who will report on the operating divisions of Brunton Vineyards Holdings, namely balance sheets and the related statements of income, stockholders equity and cash flows for the fiscal year. The accounting firm provides a range of accounting and business advisory services to companies of all sizes and in a variety of industries. Steve Corso, an accountant with the firm, stated, "We are aggressively getting the audit completed and expect it to be completed within the next 21 days. I am looking forward to a productive working relationship with the management team at Brunton Vineyards." Brunton Vineyards engaged Gruber & Company, LLC as their independent PCAOB approved auditors, who will be conducting an examination of the financial statements of the recent acquisition, VinoVenue to then be followed by other acquisitions, Bellisimo Vineyard and Jeriko Estates, including any and all other subsequent acquisitions. Mr. Geno Brunton, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , stated, "We hope to soon make an application for listing on the NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on and expect the results of our audits will enable us to show the authorities at the NASD NASD See: National Association of Securities Dealers NASD See National Association of Securities Dealers (NASD). that we meet the necessary requirements to be a NASDAQ traded company. We look forward to concluding these audits." Brunton Vineyards expects to migrate from the Pink Sheet exchange and onto a larger exchange by year end and will look to other exchanges such as the NASDAQ as alternatives. About Brunton Vineyards Brunton Vineyards is a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Brunton Vineyards Holdings, Inc, a public company based in San Francisco, CA. The company currently has several subsidiaries: Brunton Vineyards (with current brands - "Brunton Vineyards" and "Addison Cole"), VinoVenue, LLC and Swig, Inc. Management plans to add shareholder value by increasing distribution of its wines within the US market, increasing margins on wine sales and acquiring top tier, high quality producing vineyards and wineries The following is a non-exhaustive list of vineyards and wineries from around the world.
See: New York Stock Exchange :STZ), Scheid Vineyards (pinksheets:SVIN.PK) and 360 Global Wine Company (OTC BB:TSIX.OB). Please visit www.bruntonvineyards.com for more information. About Gruber & Company Gruber & Company, LLC audits over 50 publicly held companies throughout the United States, Europe and Asia and is headquartered in Lake St. Louis, Missouri Lake St. Louis is a city in St. Charles County, Missouri, United States. The population was 10,169 at the 2000 census. History In January 1961 Ellis Ellerman and Ira Nathan begin developing plans for a private resort community. . |
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