Scorpex Releases 2010 and 2011 Audits

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Scorpex Releases 2010 and 2011 Audits

LAS VEGAS--(BUSINESS WIRE)-- Scorpex, Inc. (Pinksheets: SRPX) (the "Company"), a developmental-stage industrial, hazardous and toxic waste disposal services company in the Baja Mexico/California region, has finalized its audits for its operating subsidiary, Scorpex International, Inc., for the years ending September 30, 2010 and 2011. The full audit report and financials may be viewed at The Company is currently working on completing its audit for the past fiscal year ending September 30, 2012. The Company's auditor is Sadler Gibb & Associates LLC, a firm registered with the Public Company Accounting Oversight Board (PCAOB) based in Salt Lake City, Utah.

Chief Executive Officer Joseph Caywood stated, "We are very pleased to be able to provide investors with these professional and complex audits. The Company plans on continuing to provide updated and current audited financials for our shareholders and stakeholders going forward. The audits will now provide us with the information necessary to use for business expansion and partnerships to grow our business."

About Sadler Gibb & Associates LLC

Sadler, Gibb and Associates, LLC (SG&A) is a PCAOB-registered CPA firm located in Salt Lake City, Utah. Our focus is delivering audit, tax, advisory and consulting services to small and medium sized publicly traded and private companies. Our partners have former Big 4 and regional audit experience, as well as industry experience in technical accounting and management capacities enabling us to tailor our services to the specific needs of our clients.

SG&A has a wide range of industry experience such as technology, natural resources (oil and gas, and mining), manufacturing, retail and professional services, including companies with foreign and domestic operations. SG&A aids in acquisition accounting and due diligence, reverse mergers, registration statements, annual and quarterly SEC reporting and accounting issues research.

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About Scorpex, Inc.

Scorpex, Inc. is taking the necessary steps to own and operate a full service waste disposal and recycling company, capable of storing and disposing all types of waste, including those classified as industrial, toxic, and hazardous. The location chosen for the first Scorpex plant is strategically positioned to accommodate the vast region of Baja California, Mexico.

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This press release may contain certain forward-looking statements regarding future circumstances. These forward-looking statements are based upon the Company's current expectations and assumptions and are subject to various risks and uncertainties that could cause actual results to differ materially from those contemplated in such forward-looking statements. Actual results, events, and performance may differ. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as to the date hereof. The Company undertakes no obligation to release publicly any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. The inclusion of any statement in this release does not constitute an admission by the Company or any other person that the events or circumstances described in such statements are material.

Scorpex, Inc.
Investor Relations, 801-878-8260

KEYWORDS:   United States  North America  Nevada


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