D Mecatronics Inc. Plans to File for Listing on OTCBB and Updates Investment Community.MISSISSAUGA, Ontario For the First Nation, see . Mississauga (pronounced: [ˌmɪsɪˈsɑgə] listen -- D Mecatronics Inc. (Pink Sheets:DMTN DMTN Diabetes Mellitus, Transient Neonatal ) announced today that it plans to file a listing on the NASD NASD See: National Association of Securities Dealers NASD See National Association of Securities Dealers (NASD). Over-the-Counter Bulletin Board exchange (OTCBB OTCBB See OTC Bulletin Board (OTCBB). ). DMTN intends to start releasing quarterly financial results beginning in January 2006. The company will use a December 31 fiscal year for its accounting purposes. "DMTN is at a point in its growth where it is positive and prudent to release consolidated financials for all its divisions. I believe we have been unjustly represented in the pink sheets, and are aggressively pursuing a move to the bulletin board," stated Dino Jr. Paolucci (Director/Treasurer of D Mecatronics). The company is aggressively seeking more contracts. The current projects totaling approximately 2.8 million are expected to be completed before the company begins working on a number of larger projects in January and February. Management expects to disclose these new projects in the near future. Note, since the dissemination of our last press release D Mecatronics workload has increased from 2.5 million to 2.8 million. Dino Jr. Paolucci (Director/Treasurer of D Mecatronics), said, "Due to confidentiality, we are unable to disclose any particulars other than to state that we are in negotiations with several companies that will help us increase our revenues tremendously. We expect a preliminary agreement to be drafted in the near future at which time the real value of these contracts can be released." "We expect that with the new upcoming developments for D Mecatronics Inc. our price per share will reflect our true value." As well President & CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Berardino Paolucci is very proud to announce the continual progression forward regarding the Sloe Exclusive North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. distribution rights of Varstroj product line (www.varstroj.si) which he anticipates to bring additional revenues to D Mecatronics shortly into the New Year. D Mecatronics is proud of their working ethics and business principals and are aggressively positioning the company for a very prosperous New Year. Forward-looking statements in this release are made pursuant to the "safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " 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. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including without limitation, continued acceptance of the Company's products, increased levels of competition for the Company, new products and technological changes, the Company's dependence on third-party suppliers, and other risks detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission. |
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