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December 30, 2013
07:22 EDTWPCSWPCS drops after independent accounting firm resigns
WPCS International disclosed late Friday that it received a notice of resignation from CohnReznick LLP, the company’s independent registered public accounting firm. WPCS stated, "The Former Accountant’s reports on the company’s financial statements for the past two years do not contain an adverse opinion or a disclaimer of opinion, and are not qualified or modified as to uncertainty, audit scope, or accounting principles, except as that the reports of the Former Accountant for the past two fiscal years ended April 30, 2013 and 2012 indicated conditions which raised substantial doubt about the Company’s ability to continue as a going concern." The resignation of CohnReznick was not recommended or approved by the audit committee or board of directors of the company, it added. WPCS said it has not engaged a replacement independent public accounting firm as of Friday. Shares of WPCS are down 17%, or 43c, to $2.10 in pre-market trading.
News For WPCS From The Last 14 Days
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April 11, 2014
07:51 EDTWPCSWPCS International to host conference call
Management holds a conference call to discuss 3Q14 financial results and the pending sale of the company's Seattle operations and upcoming launch of BTX Trader on April 16 at 4:30 pm.

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