‘While we have noticed over the past several months that many companies are de-listing from NASDAQ and the OTC BB due to various conditions and circumstances, we are pleased that we have moved up on the listing ladder to the OTC BB from the pink sheets,’ stated Metodi Filipov, vice president of Cemtrex. ‘Although we were at the highest listing level possible for our company on the pink sheets, we have taken this step to increase the Company’s exposure to both investors and market makers and provide a high level of liquidity for both shareholders and institutions and bring an added credibility to our common stock,’ added Filipov.
Arun Govil, Cemtrex chief executive officer and president, stated, ‘Cemtrex is an exciting story that matches up very well with the present and future energy and environmental control opportunities we see coming from all around the globe. This move to the OTC BB is a testament to the team effort here at Cemtrex where success is measured not by steps already taken but rather by what we will do tomorrow to secure the company’s future success for all stockholders and employees.’
