Alkane Begins Trading on the OTCQB Stock Market
July 19 2010 - 7:53AM
Marketwired
Alkane, Inc. (PINKSHEETS: ALKN) announced today that the company
has been upgraded to the OTCQB marketplace by pinksheets.com. The
OTCQB marketplace distinguishes OTC securities that are registered
and reporting with U.S. regulators. Pink OTC Markets created OTCQB
as the middle tier of the OTC market to better distinguish
OTC-traded companies that have made the substantial commitment to
investor disclosure by being registered and reporting with a U.S.
regulator. Alkane is current on all SEC filings required for a
fully-reporting company.
"We believe that this marketplace change will provide our
shareholders with increased momentum through OTC's electronic
quotation and negotiation platform," said Mathew Zuckerman, Ph.D.,
CEO & President of Alkane.
About Alkane, Inc.
Alkane, Inc. is dedicated to the development of a family of
alternative fuels and additives which, collectively, will
contribute to a solution to the global energy crisis. Additional
benefits of Alkane, Inc.'s product offerings include positive
environmental impact through the reduction of harmful emissions and
reduced vehicle operation and maintenance costs. Monster Diesel™,
flagship product of Alkane, Inc., is a patent pending high energy
"green" alternative fuel additive which boosts diesel fuel's
quality to premium levels and is designed for use in any diesel
powered motor.
Forward-Looking Statements:
This press release contains certain forward-looking statements.
Investors are cautioned that certain statements in this release are
"forward-looking statements" and involve both known and unknown
risks, uncertainties and other factors. Such uncertainties include,
among others, certain risks associated with the operation of the
company described above. The Company's actual results could differ
materially from expected results.
Visit www.MonsterDiesel.com for more product information, news
and analysis, and information on how to order Monster Diesel™ and
branded products. Also visit Monster Diesel™ on Facebook or follow
on Twitter.
Monster Diesel™ and the logo are trademarks and are property of
Alkane, Inc.
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Investor Contact: Redwood Consultants, LLC Jens Dalsgaard
415.884.0348 Media Contact: Alkane, Inc. Lou Petrucci
410.666.7837
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