MPM Technologies Inc. Reiterates Its Plan to Come Into Compliance as a Fully-Reporting Company
01 Oktober 2013 - 8:32PM
MPM Technologies Inc. (the "Company") (OTC:MPML) today announces
management's commitment to aggressively pursue its plan to bring
the Company back into fully reporting status with the Securities
and Exchange Commission. Management understands how important
transparency is in today's marketplace and is committed toward this
goal.
Ebro Accounting & Consulting Inc, a registered CPA and
professional accountancy corporation, and Lucosky Brookman LLP, a
national corporate finance and securities law firm have been
engaged by the Company to accelerate the process of getting its
financial reporting up to date, including: updating certain prior
periodic filings and maintaining compliance and reporting on an
ongoing basis, along with performing other general and corporate
services that may be required.
The Company will be revamping its policies, procedures, and
controls, in order to obtain compliance with The Sarbanes-Oxley Act
of 2002, and once in compliance with its reporting requirements,
expects to be quoted on either the OTCBB and/or the OTCQB.
About MPM Technologies, Inc.: MPM is a leading global
manufacturer of environmental control equipment and a developer of
waste-to-value energy solutions. MPM has offices in Spokane, Wash.,
and Ramsey, NJ. www.mpmtech.com
About Ebro Accounting & Consulting: Ebro Accounting and
Consulting is a registered CPA and professional accountancy
corporation based in Orange County, California that specializes in
outsourced/contract CFO, assurance, transaction advisory,
consulting and tax work for both growing public and private
companies, and for private companies transitioning from the private
to public markets. www.ebroconsulting.com
About Lucosky Brookman LLP: Lucosky Brookman LLP is a
boutique corporate finance and securities law firm with offices in
New York, California and New Jersey, representing both domestic and
international clients in sophisticated corporate and securities
transactions, mergers and acquisitions, secured and unsecured
lending transactions, PIPEs and general corporate matters.
www.lucbro.com
FORWARD-LOOKING STATEMENTS
The information contained herein includes forward-looking
statements. These statements relate to future events or to our
future financial performance, and involve known and unknown risks,
uncertainties and other factors that may cause our actual results,
levels of activity, performance, or achievements to be materially
different from any future results, levels of activity, performance
or achievements expressed or implied by these forward-looking
statements. You should not place undue reliance on forward-looking
statements since they involve known and unknown risks,
uncertainties and other factors which are, in some cases, beyond
our control and which could, and likely will, materially affect
actual results, levels of activity, performance or achievements.
Any forward-looking statement reflects our current views with
respect to future events and is subject to these and other risks,
uncertainties and assumptions relating to our operations, results
of operations, growth strategy and liquidity. We assume no
obligation to publicly update or revise these forward-looking
statements for any reason, or to update the reasons actual results
could differ materially from those anticipated in these
forward-looking statements, even if new information becomes
available in the future.
CONTACT: Nathan Brown
nbrown@cciholdings.com
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