by admin on August 22, 2011
Mind Technologies, Inc. (OTC Pink: MTEK), has scheduled a shareholder conference call on Thursday, August 25th, 2011 at 1 pm PDT. The details for the conference call are as follows:
Conference Call Dial-In: (605) 477-2100
Participant Access Code: 994112#
Time: 1 pm PDT / 4 pm EDT
The Management of Mind Technologies will provide a personal update on the Company’s progress regarding the filing of Form 211, as well as progress made on the development of the Company’s proprietary EEG headset.
Mind Technologies announced today that the Company has retained The Law Offices of William M. Aul as securities counsel, to guide the process of completing form 211 in a timely, efficient manner. William M. Aul is an experienced securities attorney with over 30 years practicing law and is an adjunct professor at California Western School of Law.
The Company has also retained the accounting services of Rachael Boulds, CPA, formerly with HJ and Associates, a PCAOB auditing firm. Rachael Boulds, CPA has an extensive background in working with publicly traded companies and the auditing processes involved. The new accounting firm will provide quarterly financial statements for Mind Technologies going forward and assist in the process of becoming a fully reporting company.
by admin on August 3, 2011
Mind Technologies, Inc. (OTC Pink: MTEK), reported today that it is taking steps to regain tradability on the OTC Market.
The Company’s management has been diligently working to engage a new accounting firm and a new law firm to assist it in these efforts. At the same time, the Company has been working to evaluate its prior press releases, its website, and all of its prior filings at OTC Markets with a view to ensuring that its actions and financial and other disclosures demonstrate that it is acting as a model corporate citizen and in the best interests of the Company’s stockholders.
To this end, the Company’s financial statements have been updated with the filing of quarterly reports through June 30th, 2011. The Company has further adopted a policy wherein the Company plans to complete the filing of future quarterly financial statements and other disclosures in accordance with the disclosure guidelines adopted by OTC Markets. Mr. Brent Fouch, the Company’s Chief Executive Officer, stated that “the Company’s goal is take all appropriate action that is feasible that may allow the Company’s Common Stock to regain tradability on the OTC Markets as soon as possible.”
As currently planned, the Company intends to prepare and file Form 10 with the SEC. The Form 10 includes two year’s audited financials together with other non-financial disclosures on the Company and its business in greater detail. If the Company is able to file the Form 10, the Company will become a “reporting company” under Section 12(g) of the Securities Exchange Act of 1934. To the extent possible, the Company is taking all appropriate steps to address and respond to the Section 12(k) suspension of trading imposed by the SEC and to correct any deficiencies in its prior disclosures.
