NEW YORK, Dec. 20, 2017 (GLOBE NEWSWIRE) -- Advanced Defense Technologies, Inc. (OTC PINK:ADCF) announces that it has submitted all necessary documentation to qualify as a Pink Current Reporting company on the OTC Markets. ADCF has received confirmation of receipt from OTC Markets and effectiveness as of December 19, 2017. ADCF therefore no longer has a “Yield Sign” on its stock.
“We are pleased to take this next step to provide investors with more information about our company in order to help them better analyze the value and potential of our company,” said Ricky Sitomer, CEO of Advanced Defense Technologies. “We plan to take further actions in the coming months to move to OTCQB (Orange Level Reporting) as we move our way up the various tiers of the public markets.”
Management awaits the approval of the name and symbol change from FINRA.
About Advanced Defense Technologies, Inc.:
Advanced Defense Technologies, Inc. recently acquired Star Jets International, LLC in a reverse merger. Star Jets International offers its customers all the advantages of owning a corporate jet, without the burdens associated with ownership. This includes unprecedented flexibility through access to over 5,000 private jets domestically and 15,000 private jets worldwide. Star Jets executives have over 17 years of experience in aviation and marketing, http://starjetsinternational.com/.
For further information, please contact Ron Zaka, Star Jets International, LLC: 516-423-2989.
Forward-Looking Statements:
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters disclosed at www.otcmarkets.com. These risks and uncertainties could cause the company's actual results to differ materially from those indicated in the forward-looking statements.
Contact
Ron Zaka
Star Jets International, LLC
516-423-2989
ron@starjetsintl.com
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/b046aa30-e294-47c8-92df-65489c0d01c7
