National Storm Recovery (OTC: NSRI) today announced
that it is in the final stages of preparing its financial statements and
expects to post them on OTC Markets by the end of the first quarter. According
to the update, following its successful acquisition of Mulch Manufacturing,
Inc., NSRI is in the process of completing a third party valuation of its
assets for inclusion in its consolidated financial statements. The financial
statements are being prepared not only from a US GAAP compliance perspective, but
also in accordance with required standards for PCAOB unqualified audit reports.
To view the full press release, visit http://ibn.fm/h62jb
About National Storm Recovery
National Storm Recovery, Inc., based in Florida, through its
subsidiaries, provides tree services, debris hauling and removal, biomass
recycling, mulch manufacturing, packaging and sales. The company was
established with the objective of providing a solution for the treatment and
handling of tree debris that has historically been disposed of in landfills,
creating an environmental burden and pressure on disposal sites around the
nation. The company and its Sustainable Green Team’s solutions are founded in
sustainability, based on vertically integrated operations that begin with
collecting of tree debris through its tree services division, and collection
sites, then through its processing division, recycling and using that tree
debris as a feedstock that is manufactured into a variety of organic, attractive,
next-generation mulch products that are packaged and sold to landscapers,
installers and garden centers. The company plans to expand its operations
through a combination of organic growth and strategic acquisitions that are
both accretive to earnings and are positioned for rapid growth from the
resulting synergistic opportunities identified. The company’s customers include
governmental, residential and commercial customers. For more information, visit
the company’s website at www.NationalArborCare.com.
NOTE TO INVESTORS: The latest news and updates
relating to NSRI are available in the company’s newsroom at http://ibn.fm/NSRI
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