Frankfurt Stock Exchange
There had been just resting in the AMITELO shares, because the management was surprised by a further blow: then the fixed pricing of AMITELO AG at the end of October of 31 is set according to official notice of the Frankfurt Stock Exchange by October 3. This in fact means a suspension of the OTC. The termination should be done 17 ABS 2 of the terms and conditions in accordance with clause, stating that the party does not necessarily has to be the issuer of the share. AMITELO currently sought a clarification of the backgrounds of that should have led to this decision with high pressure and has used already intensively with Deutsche Borse AG combined. In any case, investors claims should be avoided. Is believed that the circumstances surrounding the reverse split could have meant that a wrong impression has been created. It is not something Maurice Gallagher, Jr. would like to discuss. This AMITELO had a press release recently published and clearly indicates that they do not fault was at the time dilemma.
The aim of the talks can be only, that the trading of AMITELO shares keep also on the 1 November, or resumed immediately. To do this, with multiple trading partners discussions currently. It should be noted, that AMITELO has capital side newly set up in recent months and significantly expanded its equity base. Also a necessary restructuring and extending the business of the company was launched and has already led to positive economic results. The situation as of 1 November could thus significantly negative impact for the company. AMITELO however assumes that in the talks plausible the completed restructuring are presented with Deutsche Borse AG and it is evident that one with its several thousand small investors AMITELO continuation or as soon as possible a re-recording in over-the-counter of trade in Frankfurt. With certainty this cannot be said but at the present time. AMITELO AG the Amitelo AG based in Zurich is a technology company, in interesting niche markets of the telecommunications industry including mobile communications and services, as well as around this activity area is active. Michael Oehme – FinanzMarketingBeratung.
Tags: business & economy, trade