Gold Horse Intl (OTC BB:GHII)

On September 8, 2010 the Audit Committee of the Board of Directors of Gold Horse International, Inc. determined that our unaudited interim financial statements for the periods ended September 30, 2009, December 31, 2009 and March 31, 2010 included in our Quarterly Reports on Form 10-Q for the respective periods as filed with the Securities and Exchange Commission should not be relied upon as a result of errors in the consolidated financial statements.

All of the respective restatement adjustments are non-cash in nature and not related to the operations of the Jin Ma Companies. The correction of these accounting errors will result in an increase in our total liabilities as of September 30, 2009, December 31, 2009 and March 31, 2010. In addition, the correction of these accounting errors will result in a gain on derivative liabilities in each of the three months ended September 30, 2009 and December 31, 2009 and a loss in the three months ended March 31, 2010, all of which will impact our net income (loss) in each of those periods.