Mind Technologies, Inc. (Pink OTC: MTEK), announced this morning that The Company will begin filing quarterly financials to provide shareholders updated, current information. The Board of Directors resolved to this action as a result of receiving a ten day temporary trade halt on MTEK. The Company is finalizing first and second quarter financial statements, to be filed publicly as soon as possible. It is the Company’s goal to bring the public information current immediately to resume the trading status of MTEK. The Company will update shareholders on the progress and announce in a press release when trading has resumed.
The Company has elected to accelerate its financial filings on a quarterly basis to provide transparency to its shareholders and avoid temporary trading disruptions in the future. The Company was one of seventeen companies halted today for lack of public information and understands the SEC’s role to ensure current information is provided to protect shareholders. The Company is working diligently to remedy the situation. The Company appreciates its shareholders support and patience as we continue to move Mind Technologies forward.