TARRYTOWN, N.Y., Jan. 27, 2017 /PRNewswire/ -- alpha-En Corporation (OTCQB: ALPE), an innovative clean technology company focused on enabling next-generation battery technologies by producing high purity lithium metal and associated products, announced today that it has been approved to move from the Pink Sheets to the OTCQB marketplace and is being quoted there as of today.
To be eligible to trade on the OTCQB, companies must be current in their reporting and undergo an annual verification and management certification process. Earlier this month, alpha-En Corporation brought itself to full reporting status with the SEC by filing three quarterly reports to the U.S. Securities and Exchange Commission (SEC) for the quarters ended March 31, 2016; June 30, 2016; and September 30, 2016.
The move up to the OTCQB marketplace adds greater pricing transparency and information on available trading liquidity for alpha-En shareholders and potential investors, noted alpha-En CEO Jerome Feldman.
"Moving up to the OTCQB is an important milestone for alpha-En, one that will significantly increase our exposure to institutional investors and to a much broader investment community overall," Feldman said. "This move comes at an especially important time for alpha-En, as we introduce our disruptive and environmentally sensitive technology for producing lithium to the high-tech, transportation and energy industries, among others."
About alpha-En Corporation
alpha-En Corporation is an innovative clean technology company focused on enabling next generation battery technologies by developing and bringing to market high purity lithium metal and association products produced in an environmentally sustainable manner. For more information, please visit http://alpha-encorp.com.
Thomas Suppanz, Managing Director of Finance
914 418 2000
212 691 8087
Except for the historical information herein, the matters discussed in this news release may include forward-looking statements, as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements reflect management's current knowledge, assumptions, judgment and expectations regarding future performance or events. Although management believes that the expectations reflected in such statements are reasonable, readers are cautioned not to place undue reliance on these forward-looking statements, as they are subject to various risks and uncertainties that may cause actual results to vary materially. alpha-En Corporation assumes no obligation to update the information in this release. Reference to the Company's website above does not constitute incorporation of any of the information thereon into this press release.
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SOURCE alpha-En Corporation