Modern Mobility Aids Inc (MDRM)

[Rocket6]

TORONTO, ON / ACCESSWIRE / October 16, 2018 / Modern Mobility Aids, Inc. (OTC PINK: MDRM) (the "Company"), has filed Form 15(d) with the US Securities and Exchange Commission to terminate being a reporting Issuer. "The costs and management time consumption associated with filing Annual and Quarterly Audited reports are prohibitive", advised Tito DiMarco, President of the company. "We are directing our expenditures and management resources to the operations of the company without having to focus throughout the entire year on filing reports that have no present positive influence on the progress of the company" Mr. DiMarco added. He continued, "there was a time and there will be a time again where registration with the SEC will offer advantages to our shareholders but as of this filing our investors will be well served through the disclosure requirements of OTC Markets". Mr. DiMarco’s view is that the stock value of the company is well positioned to grow within the OTC framework and affirmed an earlier press release that the company will renew and strengthen it’s commitment to the company’s core business of developing cannabis related businesses in Canada and globally and that the company continues to negotiate and evaluate opportunities in the wide open and developing Cannabis industry in Canada.