AppTech Corp. Announces DBBMcKennon as Audit Firm
CARLSBAD, CA–(Marketwired – Jul 21, 2014) – AppTech Corp. (OTC: APCX) is pleased to announce that it has engaged the auditing firm of DBBMcKennon to audit the financial statements of AppTech Corp. and its subsidiaries, Transcendent One and TransTech One, for the year ending December 31, 2013 in preparation for its registration filings with the Securities and Exchange Commission. The company previously engaged Mayer Hoffman McCann P.C. to audit the 2011 and 2012 financial statements. This event and other progress at AppTech will be discussed at the upcoming shareholder meeting to be announced and held this quarter.
DBBMcKennon is a registered firm with the Public Company Accounting Oversight Board to provide audits and interim reviews of financial information for public companies reporting to the SEC. Most of its clients are defined as companies with a public float of $75 million, which if not calculable, revenues of less than $50 million. The firm’s partners have many years of service at the largest accounting firms in the world, as well as years of industry experience in technology and finance.
About AppTech Corp.
AppTech Corp. is a financial services and information technology company. With electronic payments at its core, the Company offers a range of service lines to both business and consumer markets through its subsidiaries, Transcendent One and TransTech One.
Transcendent One is the first and only merchant owned processing company giving shares in the company to merchants based on their merchant processing volume. TransTech One offers commercial and residential information technology (IT) services through its regional TransTech One Retail Service Center expansion.
The company focuses on patented mobile technologies to complement its product and service offerings.
Forward Looking Statements
The information contained in this release consists of forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. These statements may involve risks and uncertainties that could cause actual results to differ materially from those described in such statements. Such forward — looking statements involve known and unknown risks and uncertainties, including all business uncertainties relating to product development, marketing, market acceptance, future capital requirements, and competition in general that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. The Company is under no obligation to update or alter its forward — looking statements whether as a result of new information, future events or otherwise.