CALGARY, Sept. 2 /CNW/ - Artevo Corporation ("Artevo" or the "Corporation") (TSX Venture: AEV) announced that it has released its restated audited financial statements and management's discussion and analysis (the "Financial Statements and MD&A") for the year ended September 30, 2008, as well as the restated interim Financial Statements and MD&A for the three month period ended December 31, 2008 and the three and six month periods ended March 31, 2009 as referred to in its news release dated August 27, 2009. The Financial Statements and MD&A are available on the SEDAR website at www.sedar.com. The restatement is due to the improper recognition of $50,443 of events services revenue during the period ended September 30, 2008 which should have been deferred as at September 30, 2008. Please refer to note 21 of the restated audited financial statements for year ended September 30, 2008, or note 11 of the interim financial statements for the three and nine month period ended June 30, 2009 for further information regarding the adjustment.
Artevo is a technology driven company focused on the production, marketing and distribution of collectable fine art products.
The Corporation is headquartered in Calgary, Alberta. For further information contact Christopher Talbot, the President and Chief Executive Officer of Artevo at (403) 244-8123.
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For further information: Artevo Corporation, Christopher Talbot - President and CEO, T (403) 244-8123, C (403) 397-1744, Christopher.talbot@artevo.com
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