A public company must meet the minimum standards for listing on the OTCQB system, commonly referred to as the Venture Market designed for medium size businesses. The management of TNRG believes it substantially complies with market requirements including minimum trading value and the number of shareholders.
"This is an important step in the removal of restrictions on the full trading of TNRG's common stock,"
In addition, the company has announced it is filing a Regulation A offering for investors.
Haynes,
"We can now move forward with the issuance of common stock through a Regulation A offering, as well as other channels. The OTCQB application is a major accomplishment that will be able to, without a doubt, increase the company's balance sheet and stock market value.
"Thank you to our company managers who have devoted hundreds of hours toward achieving these goals," Haynes said, explaining that the compliance goal could not have been met without company management actively guiding the process over the past several months.
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Safe Harbor Act: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involves risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements to reflect events or circumstances that may arise after the date of this release.
CONTACT
Investor Relations
CMO
MAJORMEDIA INC
E: majormediasales@comcast.net
P: 570.468.2205
Donald R. Keer, P.E., Esq.
Corporate Counsel
215-962-9378
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