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Green Automotive Retains Law Firm and Independent Auditors


green auto

NEWPORT BEACH, CA--August 22, 2011: Green Automotive Company Corporation (OTC:GACR) announced today that it recently retained the law firm of Guzov Ofsink LLP as Securities Counsel and the accounting firm of Anton & Chia, LLP as its independent auditor as the Company moves forward to register its shares under the Securities Exchange Act of 1934 and become fully reporting with the Securities and Exchange Commission.

“Work has already commenced and I anticipate the entire process, including our required audit, to take approximately 60 to 90 days. Once we become reporting, we anticipate that our shares will be authorized for quotation on the OTC Bulletin Board.”

"We have planned to become fully reporting for some time now as part of our commitment to provide greater transparency to our shareholders as well as reach new investors," said Fred Luke, Green Automotive President. "Work has already commenced and I anticipate the entire process, including our required audit, to take approximately 60 to 90 days. Once we become reporting, we anticipate that our shares will be authorized for quotation on the OTC Bulletin Board."

About Green Automotive Company: Green Automotive Company Corporation is a U.S. public company involved in the import and distribution of Eco-friendly vehicles. The Company is presently planning to bring to the United States market late this year an All-Electric SUV and, in 2012, an all-electric MPV. The Company maintains its Corporate Office in Newport Beach, California and its Dealership Services Office in Lewisville, Texas. Green Automotive Company shares are traded on the OTC Market Tier--OTC Pink Current under the symbol "GACR".

About Guzov Ofsink LLP

Guzov Ofsink LLP is a recognized leader in providing advice and legal representation to companies operating in a wide range of industries through all stages of their development and capital raising activities. Guzov Ofsink has extensive experience representing public and privately-held companies: the firm offers Cross-border corporate and securities transactions, Litigation, Arbitration, Mediation, Wills, Trusts, Estate Administration and Litigation, and Real Estate in the U.S., in Europe, Asia, Africa and South America. .

About Anton & Chia LLC

Anton & Chia are experts in assisting privately held businesses with their operations, accounting, and financial needs. They are licensed CPAs in the State of California, Colorado, Florida, and New York. Their firm is registered with the PCAOB and the AICPA and they focus on providing assurance, tax, and consulting services to companies that are planning to go public or are already publicly traded in the United States of America.