GC China Turbine Corp. Delays Filing of Annual Report on Form 10-K for 2011
17 April 2012 - 12:28AM
Marketwired
GC China Turbine Corporation ("GC China" or the "Company") (OTCBB:
GCHT) today announced that it will be unable to file its Annual
Report on Form 10-K for the year ended December 31, 2011 (the "Form
10-K") within the extended filing deadline provided under Rule
12b-25 of the Securities Exchange Act of 1934, as amended. GC China
is unable to meet this deadline due to the change of its principal
independent registered public accounting firm in the 4th quarter of
2011, and the additional time required by its new principal
independent registered public accounting firm in reviewing and
auditing its financial statements.
GC China is currently working to finalize its Form 10-K and
expects to file it before May 10, 2012. However, no assurance can
be given as to the exact date that the Form 10-K will be completed
and filed. Moreover, GC China cannot provide assurance that the
ongoing process to complete the Form 10-K will not negatively
affect its ability to timely file its Quarterly Report on Form 10-Q
for the quarter ended March 31, 2012.
About GC China Turbine Corp. GC China is a
manufacturer of state-of-the-art 2-blade and 3-blade wind turbines
based in Wuhan City of Hubei Province, China. The Company holds a
license to manufacture what it believes is a groundbreaking
technology which meets rigorous requirements for low cost and high
reliability. For more information visit:
www.gcchinaturbine.com.
Notice Regarding Forward-Looking
Statements This news release contains "forward-looking
statements" as that term is defined in Section 27A of the United
States Securities Act of 1933, as amended and Section 21E of the
Exchange Act. Statements in this press release which are not purely
historical are forward-looking statements and include any
statements regarding beliefs, plans, expectations or intentions
regarding the future. Such statements typically involve risks and
uncertainties and actual results could differ materially from the
expectations reflected in such forward-looking statements as a
result of a variety of factors. Such factors include, among others,
the timetable for filing the Form 10-K for the fiscal year ended
December 31, 2011 and Form 10-Q for the fiscal quarter ended March
31, 2012. These forward-looking statements are made as of the date
of this news release, and we assume no obligation to update the
forward-looking statements, or to update the reasons why actual
results could differ from those projected in the forward-looking
statements. Although we believe that any beliefs, plans,
expectations and intentions contained in this press release are
reasonable, there can be no assurance that any such beliefs, plans,
expectations or intentions will prove to be accurate. Investors
should consult all of the information set forth herein and should
also refer to the risk factors disclosure outlined in our most
recent annual report on Form 10-K, our quarterly reports on Form
10-Q and other periodic reports filed from time-to-time with the
Securities and Exchange Commission.
Contact: Todd M. Pitcher Aspire Clean Tech Communications
Phone: 760-798-4938
GC China Turbine (CE) (USOTC:GCHT)
Historical Stock Chart
From Nov 2024 to Dec 2024
GC China Turbine (CE) (USOTC:GCHT)
Historical Stock Chart
From Dec 2023 to Dec 2024
Real-Time news about GC China Turbine Corp (CE) (OTCMarkets): 0 recent articles
More GCHT News Articles