An unusual approach to Sarbox compliance

If you're a small public company, you've got some big compliance issues to deal with. Many are likely behind the curve--even with the latest delay from the SEC. Companies that take a proactive approach will reap the benefits later, obviously. Which brings us to Winner Medical Group, a bulletin board company based in China. It has taken the unusual step of issuing a press release to tout its Sarbanes-Oxley Compliance Project, which started up in January. The release lists the main steps it intends to take toward compliance; a promise of sorts. This is a bold idea, one designed to assure shareholders that the company takes this seriously. I doubt it will start a trend, but it does make quite a statement, provided it's more than mere PR.  

For more:
- here's the release

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