HOUSTON, Jan. 31, 2012 /PRNewswire/ -- Flame Seal Products, Inc. (symbol FLMP) releases the following:
Flame Seal Products, Inc. (FLMP) has uploaded 2011 financials and a 2011 Business Summary report at OTCMarkets.com. After review is complete by OTCMarkets staff, the status of FLMP will be elevated to Limited Information reporting status in a few days.
Due to recent developments at Flame Seal, Management has begun the process to increase the viability, as well as the visibility of the Company's stock. More information will be supplemented over the coming weeks, including detailed NOTES to the Financials Statements, Business Plans, Market Study summaries, and most importantly, details regarding a new member of the Flame Seal team.
From the President:
"As we prepare to move into our new manufacturing facility in March, as well as start up new production systems in anticipation of expected sales growth as the active construction season approaches, we have begun the process, as announced in previous press releases, to dedicate a continuing effort toward the public stock aspect of our business. This, in lockstep with positive developments in Marketing and Sales, will provide support for both our Shareholders and the Company's ongoing growth and development.
"Currently this work includes an internal audit process that will, once complete, set the stage for us to acquire third party audits, as well as Letters of Opinion from outside Council. We have set this work in motion in order to accomplish the goal of advancing FLMP to the status of a fully reporting company on a recognized exchange this year. This has been our goal for some time, and now that the business is finally developing true momentum and strength in its primary markets, the timing is correct for dedicating resources to this cause.
"We will be announcing more details within the next two weeks, especially one item I am most excited about…a major addition to our team. I am certain that all of our partners and stockholders will appreciate the news."
FLAME SEAL PRODUCTS, INC. (FLMP) began trading March 27, 2000 on OTCMarkets. Flame Seal Products, Inc. is the Transfer Agent of record.
Michael D. Kiser
Flame Seal Products (symbol: FLMP)
SOURCE Flame Seal Products, Inc.