Health & Fitness
Sun, March 25, 2012Sat, March 24, 2012Fri, March 23, 2012Thu, March 22, 2012Wed, March 21, 2012Tue, March 20, 2012Mon, March 19, 2012Sun, March 18, 2012Fri, March 16, 2012Thu, March 15, 2012Wed, March 14, 2012Tue, March 13, 2012Mon, March 12, 2012American Oriental Bioengineering Inc. Announces Delay in Filing of its Annual Report on Form 10-K for 2011
Published in Health and Fitness on Friday, March 16th 2012 at 5:12 GMT by Market Wire
American Oriental Bioengineering Inc. Announces Delay in Filing of its Annual Report on... -- NEWARK, N.J., March 16, 2012 /PRNewswire-Asia-FirstCall/ --
American Oriental Bioengineering Inc. Announces Delay in Filing of its Annual Report on Form 10-K for 2011
NEWARK, N.J., March 16, 2012 /PRNewswire-Asia-FirstCall/ -- American Oriental Bioengineering, Inc. (NYSE: [ AOB ]) (the "Company"), today announced that its Annual Report on Form 10-K for the fiscal year ended December 31, 2011, which was due on March 15, 2012, will not be timely filed. During the performance of Ernst &Young Hua Ming's audit for the 2011 fiscal year they noted certain inconsistencies. As a result, management and the Audit Committee of the Board of Directors have agreed that the Audit Committee would immediately commence an independent investigation into the matters identified. Although the length of the investigation is uncertain at this time, the Company will endeavor to file the Form 10-K as soon as possible upon the completion of the investigation.
About American Oriental Bioengineering, Inc.
American Oriental Bioengineering, Inc. is a pharmaceutical company dedicated to improving health through the development, manufacture and commercialization of a broad range of prescription and over the counter products.
Safe Harbor Statement
Statements made in this press release are forward-looking and are made pursuant to the safe harbor provisions of the Securities Litigation Reform Act of 1995. Such statements involve risks and uncertainties that may cause actual results to differ materially from those set forth in these statements. The economic, competitive, governmental, technological and other factors identified in the Company's filings with the Securities and Exchange Commission, may cause actual results or events to differ materially from those described in the forward looking statements in this press release. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether because of new information, future events, or otherwise.
Contact:
Hong Zhu
646-367-1765
SOURCE American Oriental Bioengineering, Inc.
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