Westlin Engages Auditor and Provides Company Update
December 08 2006 - 6:45PM
Business Wire
Westlin Corporation (Pink Sheets:WSTN) has selected McConnell and
Jones, LLP to complete their audit. Company management said it had
ordered the audit as the first step towards its request to have the
Company listed on the OTC Bulletin Board, and/or the OTCQX
"PrimeQX." The latter exchange is Pink Sheets' recently unveiled
new quotation, listing and disclosure service that "help(s) serious
issuers stand out from the almost 5,000 OTC securities
electronically traded on the Pink Sheets," according to
www.otcqx.com. The audit is integral to the application process,
Company transparency, and ultimately visibility as the Company
moves up. The company believes that the audit can be completed
prior to the end of the year and statements issued. In other
matters the company is issuing the following updates: Progress is
being made towards the completion of the acquisition of the
building and bunker. The current owner has delivered a letter of
intent and purchase agreement for the sale and the company is
awaiting Court approval for the transaction. Additional customers
have been signed into the business continuity areas of the
building. Currently less than 5,000 square feet remain. Marketing
efforts have been successful in the bunker with a substantial
increase in revenues since January 1st 2006. About Westlin
Corporation Based in Houston, Texas, Westlin Corporation (Pink
Sheets:WSTN) is a technology company engaged in Disaster Recovery
and Business Continuity business lines. It currently designs and
manages the campus known as the Westlin Bunker. Its operation,
located in a former Nuclear Fallout Shelter provides one of the
most secure environments for on-line and near-line data storage,
safe from natural disasters and terrorist acts. The Westlin Corp�s
web site is www.westlin.com About McConnell & Jones LLP
McConnell & Jones LLP is a certified public accounting firm in
Houston, Texas since 1996. The firm serves a broad section of
business industry, state and local government agencies and
nonprofit organizations through a combination of assurance services
that includes audits, review examinations and compilation as well
as tax and financial planning services. They are a member of the
Private Companies Practice Section (PCPS) of the American Institute
of CPAs, and the Public Company Accounting Oversight Board (PCAOB).
McConnell & Jones LLP�s web site is www.mcconnelljones.com.
Forward-Looking Statements: Except for historical information
contained herein, statements are forward-looking statements that
are made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. Forward-looking
statements involve known and unknown risks and uncertainties, which
may cause the company's actual results in the future periods to
differ materially from forecasted projections. These risks and
uncertainties include, among other things, product demand, market
competition.
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