IMO this is a very good sign for shareholders. W
Post# of 150
Posted On: 05/27/2014 8:37:44 PM
Re: stocklegend #113
IMO this is a very good sign for shareholders.
W Tech has been very aggressive with its business plan, growth and expansion and now there is a serious push to get fully reporting. Shareholders should be very pleased with management because this typically brings legitimacy and increased capital to the company and stock, increasing shareholder value.
This is exactly what shareholders want to see in a micro cap start up company.
Excellent news for W Tech!
Do or do not, there is no try
"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.""
W Tech has been very aggressive with its business plan, growth and expansion and now there is a serious push to get fully reporting. Shareholders should be very pleased with management because this typically brings legitimacy and increased capital to the company and stock, increasing shareholder value.
This is exactly what shareholders want to see in a micro cap start up company.
Excellent news for W Tech!
Do or do not, there is no try
"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.""
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