Article: American Dairy Dismisses Accounting Firm.

Company Seeks New Accountant to Perform 2007 Audit and Re-Audit Years 2004 Through 2006

BEIJING, Dec. 11 /PRNewswire-FirstCall/ -- American Dairy, Inc. (the "Company"), one of the leading producers and distributors of milk powder and soybean products in China, today announced that it has dismissed its independent registered public accounting firm, Murrell, Hall, McIntosh & Co., PLLP (MHM), effective immediately. As per section 4.28 of the Company's June 1, 2007 financing indenture, American Dairy must change accounting firms by May 1, 2008. However, the Company expedited its previously announced efforts to engage a new accounting firm following notification of ...

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