NuMobile Announces Move to Exclusive OTCQB Quotation
February 28 2011 - 12:41PM
Marketwired
NuMobile, Inc. (OTCQB: NUBL) today announced that the Company's
stock quotation has moved exclusively to the OTC Markets Group,
Inc.'s OTCQB, effective February 23, 2011. The OTCQB is one of
three tiers established by OTC Markets and identifies companies
that are fully reporting with the SEC, to include NuMobile.
NuMobile was previously dually quoted on both the OTCBB and OTC
Markets quotation systems. Last week, more than 560 dually quoted
companies, including NuMobile, moved to being quoted exclusively on
the OTCQB. The FINRA operated OTCBB, now contains approximately 20
securities which are quoted solely on this system and represent
less than 0.1% of the average daily dollar volume for the entire
OTC market.
For further information regarding this change, see 'OTCBB
Delistings and Rule 15c2-11: What Happened?' at http://tinyurl.com/46tbry6.
More information about OTCQB can be obtained at
http://www.otcmarkets.com/learn/otc-market-tiers.
NuMobile Information and Email Newsletter
To learn more about NuMobile and to sign up for company email
alerts, please visit the corporate website at
www.numobileinc.com.
About NuMobile, Inc.
(www.numobileinc.com)
NuMobile (OTCQB: NUBL) (PINKSHEETS: NUBL) is building a
portfolio of security and software solutions for the global mobile
computing and smartphone market. Through a roll-up strategy,
NuMobile plans to acquire and develop mobile computing solutions
for a variety of applications, including mobile banking, for the
global marketplace. The demand for mobile security and software
applications is being driven in large part by the growing number of
mobile phone sales into emerging economies that currently do not
have substantial access to the Internet via desktop computing.
Already in North America, the Company has also forged a partnership
in the Chinese market and is developing a plan for the emerging
economies of Latin America and East Africa. NuMobile is a SEC
fully-reporting public company listed on the Over-the-Counter
Bulletin Board.
"SAFE HARBOR STATEMENT" UNDER THE PRIVATE SECURITIES LITIGATION
REFORM ACT OF 1995 This press release contains forward-looking
statements that involve risks and uncertainties. The statements in
this release are forward-looking statements that are made pursuant
to safe harbor provision of the Private Securities Litigation
Reform Act of 1995. Actual results, events and performance could
vary materially from those contemplated by these forward-looking
statements. These statements involve known and unknown risks and
uncertainties, which may cause NuMobile's actual results in future
periods to differ materially from results expressed or implied by
forward-looking statements. These risks and uncertainties include,
among other things, product demand and market competition. You
should independently investigate and fully understand all risks
before making investment decisions.
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Contact: NuMobile, Inc. Email Contact 817-410-5735 Investor
Relations 214-722-3042 Email Contact
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