Creation of John M. Leask II CPA, LLC.

Monday, January 2, 2006

John M. Leask II CPA, LLC, a certified public accounting firm is devoted exclusively to business valuation and related consulting services.  The limited liability company (LLC) formed after the merger of Leask and Leask PC with BlumShapiro will be managed by John M. Leask II, CPA/ABV, CVA (Mac) who brings more than 30 years accounting, auditing, Management and business valuation experience to the LLC.

In response to an increasing demand for business valuation services as well as tougher conflict of interest rules growing out of Sarbanes-Oxley, we will only provide valuation and related consulting services.  We will not offer attest accounting services (audit, review or compilation services).  By limiting the firm to business valuation and related consulting services the firm will be able to provide valuation and related  consulting services free of the independence and conflict of interest issues that could arise in this post Sarbanes-Oxley world, were the firm also performing attest services.

The exceptional accounting services provided by Leask & Leask PC have not disappeared.  Leask & Leask, has merged into the highly recognized accounting firm BlumShapiro.  Former Leask and Leask partners Walter Leask, Wanda Toth, and Mary Hoyt can be found at www.BlumShapiro.com with their new BlumShapiro partners.  The same high level of professional accounting services will continue to be offered under the firm name BlumShapiro.

Through John M. Leask II CPA, LLC, Mac will continue to provide a wide and significant array of business valuation services. We look forward to maintaining the  relationships developed by us over the years while continuing to build new relationships.