QUEBEC CITY, Quebec, March 17, 2015 (GLOBE NEWSWIRE) -- ROI Land Investments Ltd. (OTCQB: ROII) ("ROI" or the "Company"), a diversified real estate land development investment company is pleased to announce that it has changed its auditing firm from Weinberg & Baer LLC (the "Former Auditor") effective as of March 5th, 2015 to Marcum LLP Certified Public Accountants (the "Successor Auditor") as its new independent registered public accounting firm as of and for the year ended December 31st, 2014.
ROI's Director, Dr. Sami B. Chaouch, stated: "We look forward to working with Marcum LLP, which brings vast experience in major business markets and full service offices." ROI's CEO Mr. Sebastien Cliche also added: "We believe that the Company will attain a new level of corporate strength and financial depth to enable its rapid projected organic growth and start meeting the requirements for a NASDAQ application."
For more detailed information please refer to our 8K filed March 10th, 2015.
About Marcum LLP
Marcum LLP is one of the largest independent public accounting and advisory services firms in the United States. Ranked #15 nationally, Marcum LLP offers the resources of 1,300 professionals, including over 160 partners, in 22 offices throughout the U.S., Grand Cayman and China. Headquartered in New York City, Marcum offers an extensive range of professional services and a high degree of specialization. In addition to traditional accounting, assurance and tax, the Firm's professional services include mergers and acquisition, forensic accounting, business valuation and more.
The Firm's Real Estate Group specializes in providing financial, tax and accounting solutions. Marcum provides a full range of services to real estate owners, developers, managers, REITs, private equity funds, institutional investors, hotel owner operators, and other real estate related entities. Our expertise includes financial statement auditing, tax return preparation, tax consulting, investor reporting, accounting systems, partnership cash flow modeling and transactional services.
About ROI Land Investments Ltd.:
ROI Land Investments, Ltd. ("ROI") is a diversified real estate investment company specializing in land development. ROI's business model consists of acquiring attractive land developments free of zoning restrictions, obtaining the necessary development permits, outsourcing the development of the infrastructure and profiting from the sale of the subdivided land units to known large regional developers.
SAFE HARBOR AND INFORMATIONAL STATEMENT This press release may contain forward-looking information within the meaning of Section 21E of the Security Exchange Act of 1934, as amended (the Exchange Act), including all statements that are not statement of historical fact regarding the intent, belief or current expectations of the company, its directors or its officers with respect to, among other things: (i) the company's financing plans; (ii) trends affecting the company's financial conditions or results of operations; (iii): the company's growth strategy and operating strategy; and (iv) the declaration and payment of dividends. The words "may", "would", "will", "expect", "estimate", "anticipate", "believe", "intend", and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not a guarantee of future of future performance and involve risks and uncertainties, many of which are beyond the company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements, as a result of various factors including the risk disclosed in the company's statements and reports filed with the US Securities & Exchange Commission. The Company claims the safe harbor provided by Section 21E(c) of the Exchange Act for all forward-looking statements.
For more information please visit our website: www.ROILandInvestments.com
Philippe Germain, President
T: +1 (514) 667 9470
M: +1 (418) 264 7134
Email:PGermain@ROILandInvestments.com
HUG#1904288