China Intelligent Lighting and Electronics, Inc. CIL today announced that the Company received a preliminary information request from Amex requesting additional information. The Company intends to fully cooperate with NYSE Amex regarding this matter.
The Company was also recently notified by the staff of the U.S. Securities and Exchange Commission that it has initiated a formal, nonpublic investigation into whether the Company had made material misstatements or omissions concerning its financial statements, including cash accounts and accounts receivable.
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