Business & Finance
Business and Finance
Business and Finance 
Thu, January 7, 2010
Wed, January 6, 2010
Prepaid Card Holdings, Inc. Interviewing New Accounting Firms
LAS VEGAS--([ BUSINESS WIRE ])--Prepaid Card Holdings, Inc. (Pink Sheets:[ PPDC ]) announced today it is conducting a search for a new accounting firm. Gruber & Company LLC of Lake Saint Louis, MO had previously audited the company's financial statements and assisted in preparing the company's quarterly filings.
The accountant and sole contact between Gruber & Company LLC and Prepaid Card Holdings, Inc. lost his accounting license in the third quarter of 2009.
Gruber & Company LLC failed to notify Prepaid Card Holdings, Inc. their accountant had lost his accounting license and no work had been performed on the third quarter 10Q filing until only a few weeks before Prepaid Card Holdings, Inc. third quarter 10Q filing was due.
About Prepaid Card Holdings, Inc.
Prepaid Card Holdings, Inc. is a publicly traded holding company whose current holdings consist of a 100% interest in Merchant Processing International Inc. DBA Bank Freedom and the Berman Marketing Group, Inc.,
For further information contact Bruce Berman at 877-237-6260, ext. 128, or visit the Company website at [ www.PrepaidCardHoldings.com ].
FORWARD-LOOKING SAFE HARBOR STATEMENT: To the extent that this release discusses any expectations concerning future plans, financial results or performance, such statements are forward looking within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and are subject to substantial risks and uncertainties. Actual results could differ materially from those anticipated in the forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof and reflect only management's belief and expectations based upon presently available information. These statements, and other forward-looking statements, are not guarantees of future performance and involve risks and uncertainties and the Company assumes no obligation to update any of the forward-looking statements in this release.