PrimeGen Energy Corporation (OTC: PGNE)--- Profile -----Price: 0.055
PrimeGen Energy Announces Subscription to OTC Disclosure Service to Begin Financial Reporting Process
Yesterday after the markets closed, PrimeGen Energy Corporation (OTC: PGNE) announced it has subscribed to the Pink Sheets OTC Disclosure and News Service so it can maintain transparency by reporting its quarterly and annual financial information through the service. The company has completed the necessary paperwork, submitted it to Pink OTC Markets Inc., which operates www.pinksheets.com and related websites, paid the required fee, and now has an account with log-in information for filing financial statements and other disclosure documents.
By reporting its quarterly and annual financial information through the Pink Sheets OTC Disclosure and News Service, the company will be placed in the "Current Information" designation at pinksheets.com. Pink OTC Markets Inc. provides the leading inter-dealer electronic quotation and trading system in the over-the-counter (OTC) securities market. The Current Information designation falls in the "Transparent" category as defined by the Pink Sheets.
"We have completed this first step as outlined by the Pink Sheets to be included in its 'Current Information' category," commented Robert Charlton, CEO of PrimeGen Energy Corp. "As we work to support the business of our Russian assets and the expected close of additional transactions, maintaining transparency will be an important factor so that PrimeGen can be accurately valued as a public company."
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