STL Marketing Group, Inc. (Pinksheets: STLK) said Tuesday that it has begun the process of filing disclosures and supplementary information to the OTC Markets and received a Current Status Opinion Letter from its counsel. As a result of the steps to become a fully-transparent public company, OTC Markets has removed the skull and crossbones and “Caveat Emptor” label on the Colorado Springs, Colorado company and now upgraded STL Marketing to “OTC Pink Current Information.”
“We began updating information and have uploaded some important documents to the OTC since our merger on October 15th, 2012. This is an important first step by the Company as a part of our overall strategy,” said new STL Marketing Group chief executive Jose P. Quiros. The company is also updating its website, according to this morning’s statement.
The company operates through a recent merger with its wholly-owned subsidiary Versant Corporation, a renewable energy company focused on an initial plan to develop wind energy facilities in northern Costa Rica. The merger was executed in October via a share purchase agreement and Jose P. Quiros replaced Paul Sorkin as CEO of STL Marketing Group.
STL Marketing Group (STLK) Stock Quote and News:
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