$WTCG - pre-mkt News! Moving towards OTCQB W Te
Post# of 8672
Posted On: 05/27/2014 8:09:41 AM
$WTCG - pre-mkt News! Moving towards OTCQB
W Technologies, Inc. to Register Its Common Stock With the SEC in Order to Become a Fully-Reporting Company
HUNTINGTON BEACH, CA--(Marketwired - May 27, 2014) - W Technologies, Inc. (PINKSHEETS: WTCG) (www.wtechnologies.biz) announced today the Company's Board of Directors has voted to proceed with the filing of a Form 10 Registration Statement with the United States Securities and Exchange Commission. Based upon that vote, the Company has engaged a certified public accounting firm to conduct an audit of the Company's past two fiscal years as well as securities counsel to assist in the preparation of the Form 10 Registration Statement. The Registration Statement, when approved by the SEC, will reinstate the Company as a fully-reporting Company and eligible to be quoted on the OTCQB.
Gary Koelsch, President of W Technologies, Inc. stated, "We believe that these steps that the Company is undertaking will provide the Company greater access to sources of investment capital, which will enable us to expand our operations and revenue capabilities. Furthermore, it will provide greater exposure for the trading of our common stock and result in increased value of our common stock for our shareholders. We will continue to provide updates on the status of our Registration Statement."
About W Technologies, Inc.
W Technologies, Inc. (www.wtechnologies.biz), whose stock is publicly traded under the symbol (PINKSHEETS: WTCG), is a diversified holding company with the mission to develop, manage and finance emerging companies. W Tech will be involved in the development of new social media and digital advertising technologies, on-line shopping and payment solutions, new environmentally-safe oil and gas recovery technologies, new clean water technologies, financial services involving residential and commercial real estate and other emerging markets. The Company expects to bring a paradigm shift in the use of these new technologies in the respective business sectors and to develop new methods to finance its affiliated companies. Through its subsidiaries and affiliates with their experienced personnel, W Tech will seek to grow through acquisitions, joint marketing arrangements and organic growth in emerging markets.
http://www.stockwatch.com/News/Item.aspx?bid=...p;region=U
W Technologies, Inc. to Register Its Common Stock With the SEC in Order to Become a Fully-Reporting Company
HUNTINGTON BEACH, CA--(Marketwired - May 27, 2014) - W Technologies, Inc. (PINKSHEETS: WTCG) (www.wtechnologies.biz) announced today the Company's Board of Directors has voted to proceed with the filing of a Form 10 Registration Statement with the United States Securities and Exchange Commission. Based upon that vote, the Company has engaged a certified public accounting firm to conduct an audit of the Company's past two fiscal years as well as securities counsel to assist in the preparation of the Form 10 Registration Statement. The Registration Statement, when approved by the SEC, will reinstate the Company as a fully-reporting Company and eligible to be quoted on the OTCQB.
Gary Koelsch, President of W Technologies, Inc. stated, "We believe that these steps that the Company is undertaking will provide the Company greater access to sources of investment capital, which will enable us to expand our operations and revenue capabilities. Furthermore, it will provide greater exposure for the trading of our common stock and result in increased value of our common stock for our shareholders. We will continue to provide updates on the status of our Registration Statement."
About W Technologies, Inc.
W Technologies, Inc. (www.wtechnologies.biz), whose stock is publicly traded under the symbol (PINKSHEETS: WTCG), is a diversified holding company with the mission to develop, manage and finance emerging companies. W Tech will be involved in the development of new social media and digital advertising technologies, on-line shopping and payment solutions, new environmentally-safe oil and gas recovery technologies, new clean water technologies, financial services involving residential and commercial real estate and other emerging markets. The Company expects to bring a paradigm shift in the use of these new technologies in the respective business sectors and to develop new methods to finance its affiliated companies. Through its subsidiaries and affiliates with their experienced personnel, W Tech will seek to grow through acquisitions, joint marketing arrangements and organic growth in emerging markets.
http://www.stockwatch.com/News/Item.aspx?bid=...p;region=U
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