Hollywood, July 28, 2014 (GLOBE NEWSWIRE) -- Sycamore Entertainment Group, Inc. (OTC PINK: SEGI), a leading innovator in hybrid film distribution, is pleased to announce that it has engaged the accounting firm of M&K CPAS, PLLC of Houston, TX to perform an audit of the company's financial statements. "We are very pleased to be taking this step of having our financial statements audited, as it not only solidifies our commitment to providing complete transparency to current and potential investors, it will also serve to accelerate one of our corporate mandates of once again becoming a reporting issuer." Says Edward Sylvan, CEO of Sycamore.
The audit will be conducted with the generally accepted accounting principles (GAAP), and in accordance with the standards established by the Public Company Oversight Board (PCAOB) for the US market and the standards established by the Canadian Public Accountability Board (CPAB) in Canada.
About Sycamore Entertainment Group. (SEGI):
Sycamore Entertainment is a diversified entertainment company that specializes in the acquisition, marketing and worldwide distribution of quality finished feature-length motion pictures. Sycamores' management team utilizes its long standing relationships to provide market specific publicity, promotion, media buying, theatrical placement and Print and & Advertising financing for theatrical domestic release.Visit: www.sycamoreentertainment.com
About M&K CPAS, PLLC.:
M&K CPAS is a full-service CPA firm in Houston serving the audit, financial reporting and tax needs of growing micro and small-cap publicly traded companies across the U.S. and worldwide, as well as a wide range of privately held companies. We also offer personal tax services and consulting solutions. http://www.mkacpas.com/
Media services by: Strategic Tactical Asset Trading LLC
Sycamore Entertainment press releases contain forward-looking statements that are made pursuant to the safe harbour provisions of the Section 27A of the Securities Act and Section 21E of the Securities Exchange Act. By their nature, forward-looking statements and forecasts involve risks and uncertainties related to events dependent on circumstances that will occur in the near future. These statements involve known and unknown risks and uncertainties, which may cause Sycamore Films actual results in future periods to differ materially from results expressed or implied by forward-looking statements. These risks and uncertainties include, but are not limited to, our ability to obtain rights to distribute and market films, product availability; demand and market competition, and access to capital markets. For a more complete discussion of the risks to which Sycamore Films is subject to please see our filings with the SEC and/or OTC Markets. You should independently investigate and fully understand all risks before making investment decisions. This press release is not a solicitation or recommendation to purchase any securities and you should consult with an investment professional before making any investments.
CONTACT: Sycamore Entertainment Group Inc. 5555 Melrose Avenue Hollywood, CA 90038 Craig Fischer S.T.A.T Group 786.375.0556 email:firstname.lastname@example.org