Paradise, Inc. to restate audited consolidated earnings results for the year ended December 31, 2017. The Company has determined that a material weakness in internal controls relating to the recording of customer returns, allowances, discounts and incentives has resulted in an overstatement of year end income before provision for income taxes of approximately $445,000 as of December 31, 2017 and an overstatement of loss before income taxes of approximately $160,000 for the first quarter ending March 31, 2018.