(1888PressRelease)
February 02, 2007 - SupportSave Solutions, Inc is currently working with its Market Makers and an investment bank to meet compliance for a public listing/quotation on the OTC/Pinksheets. The market marker has agreed to file a form 211 with the NASD and other requirements with US regulators on our behalf and apply for a ticker symbol.
After we obtain a ticker symbol and begin trading public we already have substantial funding in place to support further expansion and growth.
"Initially we intend to be quoted on the Pinksheets Quotation service, as our companies' revenue and profits grow we may apply to be listed on the Nasdaq Small Cap or AMEX markets." Says Aina Dumlao, COO and Marketing Director.
Becoming a publicly traded company will give SupportSave the ability to increase shareholder value, increase employee incentives and provide access to equity markets for additional capital to further our explosive growth.
"This is a very exiting time in our company's existance", says Christopher Johns, CEO. "Being publicly traded will give us more credibilty with potential clients and more opportunities in general. We have increased revenues by more than 300% in just 4 months after first round of funding"
For more about SupportSave visit their website at www.SupportSave.com
Safe Harbor Act Disclaimer: 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 Exchange Act of 1934, as amended (the "Exchange Act"), and as such, may involve risks and uncertainties. The Company's actual results, performance, and achievements may differ materially from the results, performance, and achievements expressed or implied in such forward-looking statements.
The Pink Sheets does not require companies whose securities are quoted upon its systems to meet any listing requirements. With the exception of a few foreign issuers, the companies quoted in the Pink Sheets tend to be closely held, extremely small and/or thinly traded.
Most do not meet the minimum listing requirements for trading on a national securities exchange, such as the New York Stock Exchange or the NASDAQ Stock Market. Many of these companies do not file periodic reports or audited financial statements with the SEC, making it very difficult for investors to find reliable, unbiased information about those companies.
For all of these reasons, companies quoted in the Pink Sheets can be among the most risky investments. That's why you should take extra care to thoroughly research any company quoted exclusively in the Pink Sheets. Be aware that some broker-dealers are required by SEC Rule 15c2-11 to have some information about the issuer.
Ask your broker-dealer whether it has any Rule 15c2-11 information before you invest.
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