ATLANTA, GA, Jan. 17, 2023 (GLOBE NEWSWIRE) -- THUNDER ENERGIES CORP (OTC: TNRG) announces that it has applied to be listed and participate in the OTC Markets venture capital link software, OTCQB. The company added that the current reports the company has filed with the SEC have remedied delinquent Securities and Exchange Commission 10Q reports for 2022 and the annual 10K report for 2021, all prepared by the professional auditing firm of Paris Kreit & Chiu CPA as independent outside auditors and SEC registered auditor.
A public company must meet the minimum standards for listing on the OTCQB system, commonly referred to as the Venture Market designed for medium size businesses. The management of TNRG believes it substantially complies with market requirements including minimum trading value and the number of shareholders.
"This is an important step in the removal of restrictions on the full trading of TNRG's common stock," Ric Haynes, TNRG president explained. The long-term goal of management was to fully restore TNRG's trading status. However, the stock is still restricted as a pink sheet stock with only certain accredited investors allowed to purchase the security. Restrictions are less onerous with the venture market OTCQB listing,
In addition, the company has announced it is filing a Regulation A offering for investors.
Haynes, Thunder Energies' president, added that the uplist application will be just one of several actions company management intends to take in the next few months to increase the company's value.
"We can now move forward with the issuance of common stock through a Regulation A offering, as well as other channels. The OTCQB application is a major accomplishment that will be able to, without a doubt, increase the company's balance sheet and stock market value.
"Thank you to our company managers who have devoted hundreds of hours toward achieving these goals," Haynes said, explaining that the compliance goal could not have been met without company management actively guiding the process over the past several months.
For more information about Thunder Energies, its SEC filings, and business activities, please visit:
Safe Harbor Act: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involves risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements to reflect events or circumstances that may arise after the date of this release.
CONTACT
Investor Relations
Rick Freeman
CMO
MAJORMEDIA INC
E: majormediasales@comcast.net
P: 570.468.2205
Donald R. Keer, P.E., Esq.
Corporate Counsel
Thunder Energies Corp.
3663 Greenwood Circle
Chalfont, PA 18914
215-962-9378
佐治亞州亞特蘭大，2023年1月17日(Global Newswire)--雷諾能源公司(場外交易代碼：TNRG)宣佈，它已申請上市並參與場外市場風險投資鏈接軟體OTCQB。該公司補充說，該公司目前提交給美國證券交易委員會的報告已經補救了拖欠的美國證券交易委員會2022年10Q報告和2021年10K年度報告，這些報告都是由作為獨立外部審計師和美國證券交易委員會註冊審計師的巴黎Kreit&Chiu CPA專業審計公司準備的。
上市公司必須滿足在OTCQB系統上市的最低標準，OTCQB系統通常被稱為專為中型企業設計的風險市場。TNRG的管理層認為，它基本上符合市場要求，包括最低交易價值和股東人數。
“這是取消對TNRG普通股全面交易限制的重要一步，”TNRG總裁的裡克·海恩斯解釋說。管理層的長期目標是完全恢復TNRG的貿易地位。然而，該股仍被限制為粉單股票，只有某些經認可的投資者才能購買該證券。隨著風險投資市場OTCQB上市，限制措施不那麼繁重，
此外，該公司還宣佈將為投資者提交A規則發行申請。
雷霆能源的總裁補充說，Uplist應用只是公司管理層在未來幾個月打算採取的幾項行動之一，以增加公司的價值。
我們現在可以通過A規則發行以及其他渠道發行普通股。OTCQB申請是一項重大成就，毫無疑問，它將能夠增加公司的資產負債表和股票市場價值。
海恩斯說：“感謝我們的公司經理為實現這些目標付出了數百個小時。”他解釋說，如果沒有公司管理層在過去幾個月裡積極指導這一過程，合規目標是不可能實現的。
有關雷霆能源、其美國證券交易委員會備案檔案和商業活動的更多資訊，請訪問：
安全港法案：本新聞稿包括根據1995年《私人證券訴訟改革法》的安全港條款作出的前瞻性陳述，這些陳述涉及風險和不確定因素，包括但不限於競爭產品的影響、滿足客戶需求的能力、管理增長的能力、技術、設備或人力資源的採購、經濟業務狀況的影響以及吸引和留住技術人員的能力。公司沒有義務修改或更新任何前瞻性陳述，以反映本新聞稿發佈之日之後可能發生的事件或情況。
接觸
投資者關係：
裡克·弗裡曼
CMO
MAJORMEDIA Inc.
電子郵件：Majormediasales@comCast.net
郵編：570.468.2205。
唐納德·R·基爾，體育，Esq.
企業法律顧問
雷霆能源公司
綠林圈3663號
賓夕法尼亞州查爾字體，郵編：18914
215-962-9378
