TORONTO, Canada – SPoT Coffee is pleased to report that, effective November 23, 2017, the Company has changed its auditor from Kreston GTA LLP to Collins Barrow Toronto LLP. SPoT’s audit committee and board of directors have approved the change.
“This year, SPoT has been growing at a noticeable rate. We will complete the year with a total of 27 corporate owned, licensed and franchised SPoT cafes and Express locations in the states of New York and Connecticut.
We anticipate further accelerated growth of SPoT franchise sales throughout the states of New York, Connecticut and Massachusetts in 2018, as well as reaching our expected target of 50 locations by the end of 2019,” commented John Lorenzo, the Company’s Chairman of the Board.
“Our management team is now working on upgrading its operational infrastructure to meet the challenges of this projected growth. We are confident that our new auditor will serve our development and growth as an emerging publicly traded company well with the depth of their in-house skills and services.”
SPoT would like to thank Kreston GTA LLP for their professional contribution during their term of engagement as auditor of the Company.