SOURCE: GRIT International, Inc.

GRIT International, Inc.

October 08, 2010 06:00 ET

GRIT International Inc. - Announces to Engage One of the Big Four Accounting Firms; Deloitte Touche, Price Waterhouse Coopers, Ernst & Young, or KPMG for Its Next Fiscal Period

GRANDE PRAIRIE, AB--(Marketwire - October 8, 2010) - GRIT International Inc., "GRIT" (FRANKFURT: 3GR1) (PINKSHEETS: GRIG), announces to engage one of the Big Four Accounting Firms (Deloitte Touche, Price Waterhouse Coopers, Ernst & Young, or KPMG) for its next fiscal period of 2010-2011.

As the corporation continues to unveil its growth strategies, it is becoming more and more apparent that GRIT's development is growing exponentially and will require the services of one of the Big 4. GRIT will be announcing its decision via press release on or before November 30th 2010. The need for engaging and affiliating with one of the Big 4 will provide third party validity to GRIT's projected growth potential. 

Management Highlights
Management continues to release its strategic planning parameters, such as with the October 6th, 2010 Press Release stating the Petroleum Unit Subsidiary Spin-off; GRIT shareholders will get the new GRIT-Petroleum shares for a nominal or token value, e.g.: 0.01 Euro/Per Share. All GRIT shareholders, on a yet to be announced record date and share ratio, will be entitled to participate in this opportunity, subject to a final board approval, and reviewed by our accountants, legal advisors, and market makers.

GRIT International is a Canadian based company registered in the State of Nevada, US; -Diversified Industrial Services Company, offering Support Services, Utilities, Oil & Gas and Mineral holdings. The businesses that make up GRIT INTL integrate amongst each other providing a present revenue from the energy industry and also seeks out Environmentally Sustainable solutions in nuclear energy, renewable resources in bio-waste and other alternative fuels available at the present time. GRIT foresees expanding its divisions from an international to that of a Global services provider. For more information please visit the company's website at

Safe Harbor Statement; under the Private Securities Litigation Reform Act of 1995: The statements contained herein which are not historical are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays beyond the company's control with respect to market acceptance of new technologies or products, delays in testing and evaluation of products, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission.

Contact Information

  • Contact:
    GRIT International Inc.
    Investors Relations
    P : 780.513.1125
    F : 780.814.5584
    A : Suite 201, 9914 - 109th Avenue
    Grande Prairie, AB, T8V 1R7