Cobra Technologies, Inc. Changes Name to CobraTec, Inc.BOCA RATON, Fla.--(BUSINESS WIRE)--Sept. 24, 1999-- - Company Filing Form 10-SB To Become A Reporting Company - Cobra Technologies, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : CBRA CBRA California Biomedical Research Association CBRA Coastal Barrier Resources Act of 1982 (US) CBRA Canadian Book Review Annual CBRA Canadian Biosphere Reserves Association CBRA Canadian Broadcasters Rights Agency ), an emerging growth company in the fast growing field of information technology solutions, announced that it has changed its name to CobraTec, Inc. and is filing its Form 10-SB registration statement with the U.S. Securities and Exchange Commission (SEC). The financial disclosure will be publicly available via the SEC's web site at www.sec.gov and searching the EDGAR Edgar or Eadgar (both: ĕd`gər), 943?–975, king of the English (959–75), son of Edmund, king of Wessex. In 957 the Mercians and Northumbrians rebelled against Edgar's brother Edwy and chose Edgar as their king. archives for CobraTec. Pursuant to the filing of the registration statement, Feldman, Sherb, Horowitz completed its audit of CobraTec with no exceptions. The Form 10-SB will be under review by the SEC and must clear comments to become effective. On January 4, 1999, the SEC ratified amendments to NASD NASD See: National Association of Securities Dealers NASD See National Association of Securities Dealers (NASD). rules 6530 and 6540 restricting OTC Bulletin Board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. listing and quotation to the securities of companies that report current financial information to the SEC, insurance or banking regulation authorities. For CobraTec to comply with the new NASD eligibility requirements, the SEC must come to a position of no further comment on the Form 10-SB filing. The new NASD eligibility rules eligibility rules, n.pl the conditions that define who may be entitled to dental benefits, when persons first become entitled to such benefits, and any provisions that determine how long an individual remains entitled to benefits. and implementation schedule are available for public review via the OTC Bulletin Board web site at www.otcbb.com. Cobra said the Company's name change, completion of its audit by Feldman, Sherb, Horowitz, and the filing of the Form 10-SB represent significant public market events for CobraTec. Full reporting status is very important during the next phase of the Company's growth to achieve meaningful financial results. As a publicly traded company publicly traded company A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market. , CobraTec is fully committed to providing its shareholders with detailed, audited financial information in compliance with SEC regulations. Form 10-SB is a registration statement filed under the Securities and Exchange Act of 1934. Once effective, CobraTec will file quarterly and annual disclosure statements to the SEC. About CobraTec: With corporate offices in Boca Raton, FL, CobraTec, Inc. (http://www.cobrainc.com) began executing its business plan earlier this year with the acquisition of pinneast.com, a company specializing in the web-based delivery of interactive, multi-media training, and announced subsequently an agreement to acquire CMI (Computer-Managed Instruction) Using computers to organize and manage an instructional program for students. It helps create test materials, tracks the results and monitors student progress. , a New England based, high growth network solutions company. CobraTec's mission is twofold: (1) to build shareholder value through the acquisition of private IT service companies focused on network integration systems, engineering and solutions; and (2) assist and support client companies to effectively utilize, manage and thereby achieve maximum benefit and advantage from - their IT capital investments. Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Forward-looking statements are based on current management expectations that involve risks and uncertainties that may result in such expectations not being realized. Potential risks and uncertainties include, but are not limited to, the risks described in filings with the Securities and Exchange Commission. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion