Strategic Management & Opportunity Corporation Prepares Materials for Current Information Reporting
11 September 2010 - 12:30AM
Strategic Management & Opportunity Corporation (Pink
Sheets:SMPP) announces that the company is preparing required
documents and filings necessary to achieve OTCMarkets Current Info
Tier status. OTC Markets has implemented a strict information
reporting system for non-reporting companies and rates them in
accordance to transparency elements from Caveat Emptor to Current
Information
(http://www.otcmarkets.com/otcguide/investors_market_tiers.jsp);
the Current Info tier being the highest, with requirements
including Initial Disclosure and Information statements, current
share structure, current financials and an attorney letter
verifying financial information submitted.
"As we are nearing the launch for our flagship VSP platform,
it's imperative that we not only make relevant company information
available to both prospective and existing shareholders, but to do
so on an interface such as OTCMarkets (formerly pinksheets) which
is regarded and relied on by many OTC investors," comments
Strategic MPP CEO, Julienne Audette. "We will submit the
materials to OTCMarkets in the coming days with some significant
company headway to be announced as the process is completed."
The company expects the Current Info Tier status to effect
within the next 2 weeks and Audette is confident that the steps
SMPP takes with OTCMarkets will have an impact on overall market
confidence in Strategic MPP; giving it the professionalism and
credibility in the markets like that which it has earned on the
company side with partners and vendors. "Our progress so far has
put us in our final phases of development toward a
hit-the-ground-running implementation phase. We are pleased to
be bringing this level of transparency to allow investors due
diligence and accessibility," said Audette.
OTC Markets Inc. is a privately owned company based in New York
that provides a suite of products and services for the U.S. OTC
securities market. The company operates electronic quotations,
trading, messaging, and information platforms.
Strategic shareholder? 'Follow', 'Like' and
'Link' us! Facebook (www.facebook.com/SMPPtech) Twitter
(www.twitter.com/strategicmpp) LinkedIn
(www.linkedin.com/in/juliennea) Safe Harbor: This release may
contain forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995. Statements
contained in this release that are not historical facts may be
deemed to be forward-looking statements. Investors are cautioned
that forward-looking statements are inherently uncertain. Actual
performance and results may differ materially from that projected
or suggested herein due to certain risks and uncertainties
including, without limitation, ability to obtain financing and
regulatory and shareholder approvals for anticipated actions.
CONTACT: Gerrard Hollister Investor Relations
(310) 909-7988
SMPP@GerrardHollister.com
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