and here it is.... OTC Disclosure & News Servic
Post# of 130
(Total Views: 1223)
Posted On: 07/19/2021 12:47:34 PM
and here it is....
OTC Disclosure & News Service
Letter to Shareholders Press Release | 07/19/2021
Letter to Shareholders.
Released: July 19, 2021
4Cable TV International, Inc. (OTC: CATV) (the "Company"
Considering recent events, our Company is currently listed as Caveat Emptor. After speaking with a representative of OTC Markets Group, we have been informed that we will be designated as CE for 30 days, at which time we may apply for review of CE status. This CE was generated as a result of the posting of an affidavit used in the arrest for Dror Svorai wherein CATV was mentioned.
Our position on the investigation of Dror Svorai is that we know of no equity interest in the company by Dror Svorai, and we have not been advised that there is an investigation on CATV or current CEO Michael Feldenkrais by the underlying authorities.
CATV, by way of Counsel, is working diligently to clear up this matter as soon as possible.
CATV continues to operate normally, and business is as usual. We will continue to follow our reporting schedules to maintain full transparency with our shareholders.
Thank you for your support,
Michael Feldenkrais, CEO
OTC Disclosure & News Service
Letter to Shareholders Press Release | 07/19/2021
Letter to Shareholders.
Released: July 19, 2021
4Cable TV International, Inc. (OTC: CATV) (the "Company"
Considering recent events, our Company is currently listed as Caveat Emptor. After speaking with a representative of OTC Markets Group, we have been informed that we will be designated as CE for 30 days, at which time we may apply for review of CE status. This CE was generated as a result of the posting of an affidavit used in the arrest for Dror Svorai wherein CATV was mentioned.
Our position on the investigation of Dror Svorai is that we know of no equity interest in the company by Dror Svorai, and we have not been advised that there is an investigation on CATV or current CEO Michael Feldenkrais by the underlying authorities.
CATV, by way of Counsel, is working diligently to clear up this matter as soon as possible.
CATV continues to operate normally, and business is as usual. We will continue to follow our reporting schedules to maintain full transparency with our shareholders.
Thank you for your support,
Michael Feldenkrais, CEO
(2)
(0)