Financial News
All Things Mobile Analytic, Inc. Removal of Shell Status
NEW YORK, NY / ACCESSWIRE / October 13, 2022 / All Things Mobile Analytic, Inc. (OTC PINK:ATMH) All Things Mobile Analytic, Inc would like to announce that the "Shell Company" status from the Company's landing page with OTC Markets, Inc. ("OTC Markets") has been removed.
Pursuant to Rule 405 as promulgated under the Securities Act of 1933 and Exchange Act Rule 12b-2, a Shell Company is a company, other than an asset-backed issuer, with no or nominal operations and either 1) no or nominal assets; 2) assets consisting of cash and cash equivalents; or 3) assets consisting of any amount of cash and cash equivalents and nominal other assets. The removal of the Shell Company warning on the Company's landing page with OTC Markets will not however allow the Company to utilize the safe harbor of Rule 144 to remove restrictive resale legends on restricted equity.
Massimo Travagli (CFO of the Company), states, "Upon completion of our acquisitions, we no longer meet the definition of a Shell Company with OTC Markets . In order to change the shell status on the OTC Markets site, we filed the requisite supplemental disclosure statement stating we were no longer a Shell Company. This is a huge step in our corporate cleanup of the Company as we move forward in maintaining a more transparent company for investors."
Forward-Looking Statements
The statements contained in this release that are not historical facts are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Words such as "may," "will," "could," "should," "expect," "plan," "project," "intend," "anticipate," "believe," "estimate," "predict," "potential," "pursuant," "target," "continue," and similar expressions are intended to identify such forward-looking statements. The statements in this press release that are not historical statements, including statements regarding ATMH's plans, objectives, future opportunities for ATMH's services, future financial performance and operating results and any other statements regarding ATMH's future expectations, beliefs, plans, objectives, financial conditions, assumptions or future events or performance that are not historical facts, are forward-looking statements within the meaning of the federal securities laws. These statements are not guarantees of future performance and are subject to numerous risks, uncertainties, and assumptions, many of which are beyond ATMH's control, and which could cause actual results to differ materially from the results expressed or implied by the statements. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict, and include, without limitation, results of litigation, settlements and investigations; actions by third parties, including governmental agencies; volatility in customer spending; global economic conditions; ability to hire and retain personnel; loss of, or reduction in business, with key customers; difficulty with growth and integration of acquisitions; product liability; cybersecurity risk; and, anti-takeover measures in our charter documents. Any forward-looking statement is made only as of the date of which such statement is made. Except as otherwise required by applicable law, we undertake no obligation to publicly update or revise any forward-looking statements, whether because of new information, future events, or otherwise.
All product names, trademarks and registered trademarks are property of their respective owners. All company, product and service names used in this website are for identification purposes only. Use of these names, trademarks and brands does not imply endorsement.
All other trademarks cited herein are the property of their respective owners.
For Further Information:
Investor Relations Contact:
Amy Samantha Gonzales
Email: inquiries@allthingsmobileanalytic.com
Massimo Meneghello, President
Company Telephone: (888) 350-4660 Ext. 8
Company Website: http://allthingsmobileanalytic.com
SOURCE: All Things Mobile Analytic, Inc.
View source version on accesswire.com:
https://www.accesswire.com/720149/All-Things-Mobile-Analytic-Inc-Removal-of-Shell-Status
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.