NEW YORK--(BUSINESS WIRE)--KS International Holdings Inc., a Nevada Corporation, (KSIH: OTC PINKSHEETS) focused in the M&A industry, continues to work towards realization of our corporate strategy. This strategy of growth, by acquisition of strong name businesses with greater than 15 years of operational history, proven profitability, and comparatively higher margins against other competitors is the basis of the new direction of KS International Holdings. KS is proud to continue to build on this platform of strong principles of success with our proven Management team.
With this in mind, KS is happy to announce it has identified three potential targets that meet our acquisition target criteria. As a measure of prudence, we are withholding the names of the targeted ventures, until we progress further through the process, but want to inform our shareholders that all three meet our criteria in historical longevity, profitability, sales trends, and strategic value to the other potential targets. We would like to caution our shareholders with regard to announcing targets, KS takes our commitment seriously to transparency and thus will not make any announcements until the process has revealed much more clarity and finality.
KS also would like to report that we have begun the process of evaluating and selecting our corporate auditor. This significant relationship is the corner stone of good public reporting and we intend on pursuing this endeavor thoughtfully to assure that an appropriate auditor is selected that can fit our current needs and capabilities as well as be able to grow as we grow. We look forward to announcing this milestone in the not so distant future.
About the Company:
The Company is focused on delivering transforming solutions through strategic acquisitions, investment, and development in core organizational competencies with the end goal of increasing shareholder value.
This news release contains "forward-looking statements" as that term is defined in the United States Securities Act of 1933, as amended and the Securities Exchange Act of 1934, as amended. Statements in this press release that are not purely historical are forward-looking statements, including beliefs, plans, expectations or intentions regarding the future, and results of new business opportunities. Actual results could differ from those projected in any forward-looking statements due to numerous factors, such as the inherent uncertainties associated with new business opportunities and development stage companies. We assume no obligation to update the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that they will prove to be accurate.