LAS VEGAS, Jan. 26 /PRNewswire-FirstCall/ -- Carbon Credits International, Inc. (OTC Bulletin Board: CARN) announced that it has filed a Certification and Notice of Termination of Registration on Form 15 with the Securities and Exchange Commission (SEC) to voluntarily deregister its common stock and suspend its reporting obligations under the Securities Exchange Act of 1934.
Upon the filing of the Form 15, the Company's obligations to file certain reports with the SEC, including annual reports on Form 10-K, quarterly reports on Form 10-Q and current reports on Form 8-K, will immediately be suspended. The Company expects the deregistration of its common stock to become effective 90 days after filing the Form 15. Carbon Credits International, Inc.'s common stock will no longer trade on the Over the Counter Bulletin Board. The Company anticipates its common shares will continue to be quoted on the Pink OTC Markets after deregistration, although there can be no guarantee that a broker will continue to make a market in the Company's commons stock and that trading will continue. The Company currently intends to continue to make current financial information available on a regular basis.
Carbon Credits International, Inc. has requested to receive a different symbol altogether due to the problems being wrongfully associated with Carrington Labs Inc., as profiled on http://www.otcbb.com/profiles/carn.htm
Carbon Credits International, Inc. is committed to providing clean energy saving solutions to our customers through the marketing and distribution of both branded & private label power saving devices and solutions and more detailed information can be found at: www.carbon-reducer.com.
This press release contains forward looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, which are intended to be covered by safe harbors created hereby. Such forward-looking statements involve known and unknown risks and uncertainties.
SOURCE Carbon Credits International, Inc.