MANDEVILLE, La., Aug. 30, 2013 /PRNewswire/ -- Seeker Tec International, Inc. (OTC Markets: SNTL) announced today that it has retained a law firm to prepare and file a Form 10 for the purpose of becoming a fully reporting issuer. Michael Kendrick, Chief Executive Officer, commented, "We have already completed most of the work necessary for an audit of our financial statements, and look forward to completing and filing the Form 10."
Mark Dorey, Commercial Director of Seeker Tec, stated, "We are very excited about our short and long term prospects. The fully reporting status will give us another level in disclosing our financial results, news, and other information to be available to existing and potential investors alike. We believe this level of transparency will benefit our investors both here in the U.S. and abroad."
Safe Harbor Statement
These statements reflect the company's current expectations and are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. The company does not undertake to update or revise these forward-looking statements, even if experience or future changes make it clear that any projected results expressed or implied in this or other company statements will not be realized. Furthermore, readers are cautioned that these statements involve risks and uncertainties, many of which are beyond the company's control, which could cause actual results to differ materially from the forward-looking statements. Factors that could cause these differences include, but are not limited to, the acceptance of our products, lack of revenue growth, failure to realize profitability, inability to raise capital and market conditions that negatively affect the market price of our common stock. The Company disclaims any responsibility to update any forward-looking statements.
SOURCE Seeker Tec International, Inc.