NEWS: Strategy X, Inc. Prepares For OTCBB Listing as It Retains O'Neal Law Firm to Prepare Its Form 10-SB Filing With SEC For Fully Reporting Status
9/29/2005 8:10:01 AM
HARRISON, Maine, Sep 29, 2005 (BUSINESS WIRE) -- STRATEGY X, Inc., (Pink Sheets: SRGX), America's Homeland Security Specialists is pleased to announce today announced the retaining of the O'Neal Law Firm to file the Company's Form 10-SB Registration, making the Company fully reporting with the Securities Exchange Commission (SEC). The O'Neal Law Firm concentrates in the areas of the representing public companies and specializes in regulatory compliance with agencies, such as the SEC. Strategy X, Inc is currently trading on the Pink Sheets, under the symbol SRGX. Upon the effective date of the Form 10-SB filing, the Company will attain Section 12 (g) reporting status with the SEC, under the Exchange Act of 1934, which will allow for broader market participation in the Company's shares by institutional investors. As a reporting company, Strategy X, Inc. will be required to file annual reports on Form 10-KSB, quarterly Bill O'Neal, Esq. of reports on Form 10-QSB, and reports or unusual events on Form 8K. In addition, the Company will be required to solicit proxies for its annual meetings in accordance to Section 14 of the Securities Exchange Act of 1934 and other reporting requirements will apply to management shareholdings.
"Based on the sizable Homeland Security contracts being made available to us we are way ahead of our 2005 strategic business plan. We anticipate filing the initial application with in the next 30-45 days and being approved for fully reporting status shortly thereafter. Once we have attained fully reporting status, we expect to begin listing application with the NASDAQ to be listed on the NASDAQ Small Cap Market," stated Strategy X, Inc. President and CEO, Clifford Lewis.
Further, stated Mr. Lewis, "With our revenues growing at such a rapid pace this registration will allow for a much broader shareholder base and deeper institutional investments. A lower cost of capital to sustain our larger contracts and operational advancements is pivotal in our rapid expansion plans. We have already secured a couple of different financial opportunities to accommodate this growth. We expect the fully reporting status to open many more options. With Bill O'Neal, Esq. as our SEC Attorney we look forward to a successful transition to fully reporting status."
About Strategy X Inc.
Strategy X, Inc. provides over 40 years of experience applying Modeling and Simulation, Performance Criteria and System Reliability coupled with over 100 years of Security Management and On-Site Field experience in Installations, Integration Management and Security System Maintenance. The Strategy X, Inc. team consists of the original instructors and top team leaders and members from the effects based security assessment teams and installation, integration management and security system maintenance specialists used by the United States Air Force. Strategy X, Inc. professionals, specialists and experts have conducted performance based security assessments, installations, integration management and maintenance on all of the Air Force's highest priority resources and security systems including the nation's highest priority weapons systems. Please visit www.srgx.com for more information.
You should not place undue reliance on forward-looking statements in this press release. This press release contains forward-looking statements that involve risks and uncertainties. Words such as "will", "anticipates", "believes", "plans", "goal", "expects", "future", "intends" and similar expressions are used to identify these forward-looking statements. Actual results could differ materially from those anticipated in these forward-looking statements for many reasons, including the risks we face as described in this press release. For further information about STRATEGY X INC please refer to its website at www.srgx.com
SOURCE: Strategy X, Inc.
Strategy X, Inc.
President & CEO
Clifford A. Lewis, 207-583-6700
info@srgx.com
