Penny Press Releases & SEC Filings

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MGRN: Monogram Energy, Inc./Marquis Tech Holdings Achieves Current Info Tier with OTC Markets Toward Overall Transparency, Liquidit...
Date : 03/17/2011 @ 9:59AM
Source : Business Wire
Stock : Monogram Energy, Inc. (MGRN)
Quote : 0.0009 0.0 (0.00%) @ 1:34PM

Monogram Energy, Inc./Marquis Tech Holdings Achieves Current Info Tier with OTC Markets Toward Overall Transparency, Liquidit...
Monogram Energy, (USOTC:MGRN)
Intraday Stock Chart

Today : Thursday 17 March 2011
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Monogram Energy, Inc. (PINKSHEETS: MGRN), aka Marquis Tech Holdings, Inc. announces that Issuer Services at OTC Markets, Inc. has moved the company from the Limited Information Tier to the Current Information Tier at www.otcmarkets.com. This status lets investors know that Marquis Tech Holdings, Inc. has provided the financial disclosure and other required paperwork to reach a level of transparency where there is adequate Current Information to make an informed investment decision on MGRN.

OTC Markets has implemented a strict information reporting system for non-reporting companies and rates them in accordance to transparency elements from Caveat Emptor to Current Information for pinksheet companies (http://www.otcmarkets.com/otcguide/investors_market_tiers.jsp).

The Current Information Tier is the highest tier with requirements including an Initial Company Information and Disclosure Statement, current share structure, current financials and an attorney letter verifying the information submitted. According to OTC Markets, trading in this tier enables a company to offer its shareholders ease of trading through regulated broker-dealers, while providing transparency to its investors, business partners, customers, and broker-dealers by following the Alternative Reporting Standard.

MGRN’s Board stated "This tier upgrade marks the beginning of an ongoing effort to continually produce current and accurate information for our shareholders. We are well aware of the importance our shareholders place on current information and we want to ensure that they know we are listening.”

Monogram Energy, Inc. has officially changed its name to Marquis Tech Holdings, Inc. to better reflect its brand and image toward long-term and dynamic growth. The name change effected with the Pennsylvania Secretary of State on February 10th, 2011 and is under process for FINRA acknowledgment.

Marquis Tech Holdings, Inc. is currently in the process of building a successful portfolio of revenue generating technology and real estate assets. In our role as managers, operators, and marketers of technologies we believe that leveraging our industry experience and capitalizing on our strategic relationships are the best ways to achieve profitable results. Marquis’ company philosophy is to acquire domestic and international companies which possess an inherent competitive edge whether it’s derived through written law, intellectual property, or government contracts and inject the capital necessary to maximize earnings while pooling resources and managing the logistics to ensure all acquisitions operate in efficient harmony.

OTC Markets Inc is a privately owned company based in New York that provides a suite of products and services for the U.S. OTC securities market. The company operates electronic quotations, trading, messaging, and information platforms.

Safe Harbor: This release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approvals for anticipated actions.