Mr. Matthews concluded: "While we are interviewing auditors at this time, the company anticipates to be fully audited sometime in the fourth quarter of this year and to start looking toward an entrance onto the OTCQX or the OTCBB by first quarter 2011."
Past News ReleasesRSS
Spring, TX (PRWEB) July 22, 2010
Advanced Lighting Solutions, Inc. (Pinksheets: AVLS). Last week in a public press release stated that we officially Pinksheet Compliant on OTCMarkets.com with limited status. We are proud to announce that we have filed and submitted all necessary documents to achieve the “Current Information” status on OTCMarkets.com. Not only will this allow the company to be as transparent as possible but will instill investor confidence as Advanced Lighting Solutions, Inc grows to hopefully become the strongest and most profitable team of Real Estate Experts in Texas.
The Company’s CEO Aaron Matthews stated “We are pleased to have accomplished this task for our shareholders but we can not hesitate to move forward to our larger goal of becoming fully transparent with audited financials." Mr. Matthews concluded: "While we are interviewing auditors at this time, the company anticipates to be fully audited sometime in the fourth quarter of this year and to start looking toward an entrance onto the OTCQX or the OTCBB by first quarter 2011."
Advanced Lighting Solutions, Inc will always be as transparent as possible to its shareholders and this is why we felt the necessity to achieve “Current Status” on the OTCMarkets.com website. This ‘tier’ in the OTCMarkets.com network provides company filings that are all currently up to date and recent. This move was made, not only for the transparency for its current shareholders, but also as to gain exposure and introduce Advanced Lighting Solutions, Inc to thousands of potential investors.
Another main focus to achieve “Current Information” on OTCMarkets.com is simple because the “limited information” and the “no information” tiers do not get the exposure and the money flow into them like the “Current Information” stocks currently do. The main reason behind this is because companies that are listed with “no information” or “limited information” are not providing the necessary documents for investors to make intelligent decisions investing their hard earned money while “Current Information” stocks such as Advanced Lighting Solutions, Inc are providing detailed filings that investors can read and analyze and make informed decisions regarding their investments.
For an example of the difference in the money and exposure flowing into all three tiers as of July 20, 2010:
- No Information stocks traded around $11,000 in total combined.
- Limited information is not far ahead with only $38,000 traded in total combined.
- Current Information received over $237,000,000.
Advanced Lighting Solutions, Inc would also like to mention that even though right now real estate is our main focus of the company, we also provide a team of experts in the areas of green and energy efficient technology for both residential and commercial use. Intuitively merging green ideas into development properties.
We are always looking for ways to expand and grow Advanced Lighting Solutions, Inc. to become a true Real Estate Conglomerate. Advanced Lighting Solutions, Inc is aggressively seeking acquisitions that will have a direct impact on our business plan in the very near future. We are currently working on a couple of different acquisitions and we hope to be able to announce them shortly in the upcoming weeks once the details have been finalized.
About Advanced lighting solutions
Advanced Lighting Solutions, Inc. is a corporation domiciled in the state of Wyoming, capitalized by our 140 and growing investors. A collective of Houston's finest Contractors, Builders, and Real Estate Experts united to make the smartest investment decisions possible. Conjoining developing with higher end properties and Complete construction with strategic lower income development properties to secure worthwhile returns for investors across the board. We aspire to take the largest possible advantage of the poor state of the real estate market through foreclosures, REOs, and short sales, Advanced Lighting Solutions will become the largest company of its kind in its center of business, Houston, Texas.
Additionally, Advanced Lighting Solutions, Inc ongoing concern is to provide a team of experts in the areas of green and energy efficient technology for both residential and commercial use. Intuitively merging green ideas into development properties. To create jobs, as well as build and provide safe, affordable, energy efficient residential and commercial investments for the public. Create and maintain substantial returns for our investors and our company.
Safe Harbor Statement
The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words "may," "will," "should," "plans," "explores," "expects," "anticipates," "continue," "estimate," "project," "intend," and similar expressions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing various engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, shortages in components, production delays due to performance quality issues with outsourced components, and various other factors beyond the Company's control.
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