SUWANEE, Ga., Nov. 12, 2003, Brandmakers, Inc. (OTCBB:BMKS) announces that their audit is underway and will soon be up to date on filings of the annual 10 KSB and the current 10 QSB. Brandmakers is currently traded BMKSE due to a late filing of the 10 KSB and has contacted the NASD compliance section for guidance.
Our new auditing firm is Tauber & Balser, P.C. located in Atlanta, Georgia and we look forward to working with them now and in future years. Neil T. Harkins, CPA is in charge of the audit and J. Marc Welch, CPA will work closely with us as well.
Bearden & Smith, our former accounting firm and auditor recommended Tauber & Balser to us, which we appreciate. Bearden & Smith commenced the audit verifying our inventory count and advising us of the documentation needed which we prepared. However, Brandmakers did not immediately proceed with the audit due to financial constraints.
We contacted Bearden & Smith on October 24, 2003 that we were ready to continue the audit but were advised via email on October 27, 2003 that their firm had elected not to register with the S.E.C. and therefore, could not continue with the audit. This has set the audit completion date back two or three weeks but we have had an excellent relationship with Bearden & Smith and that will continue in the future.