Flameret Stock Commences Trading on the OTCBB
June 09 2010 - 9:50AM
Business Wire
Flameret, Inc. today announced that its common stock has
commenced trading on the OTC Bulletin Board under the symbol
FLRE:OB following approval of the listing by the Financial Industry
Regulatory Authority (FINRA).
Commenting on this development, Christopher Glover, CEO of
Flameret, stated, “We are delighted to have been approved for
trading by FINRA. Our flame retardant array of products will be
able to benefit people on a global basis, and as a publicly traded
company, we will be able to reach out those people in a more timely
fashion.”
About Flameret, Inc.
Flameret Inc has developed fire retardant
products to suit a wide range of applications. These are marketed
under the brand names; Flamex™, Ultra Flamex™ and Impex™. Flameret™
products are patented and held in the name of United American
Inc.
Flameret’s numerous flame retardant
products are applicable for the manufacturing of an array of
textile applications for mattresses, bedding, furniture, and
clothing.. The Company has designed fire resistant textiles fire
barriers for this US standard and the other world markets. Our
complete fire retardant product lines should compete favorably with
other competitors, because Flameret’s™ fire retardants are highly
effective and - non-toxic.
Flameret Fire Retardant and fire resistant
applications will be sold to separate industries. These industries
include the fire resistant textiles industry, the military and the
energy extraction industry [oil fields], the aviation industry, and
forestry services. The Company expects to manufacture and sell
Flameret fire retardant products for the treatment of textiles
lines at production stage for various textile products. In the near
future Flameret also plans to offer a complete line of fire
extinguishing products.
For information concerning Flameret Inc., please visit the
Company's website at www.flameret.com.
The press release may contain "forward-looking statements"
within the meaning of Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934. Such statements
include, but are not limited to, any statements relating to the
Company's development program and any other statements that are not
historical facts. Such statements involve risks and uncertainties,
including, but not limited to, those risks and uncertainties
relating to difficulties or delays in development, testing,
regulatory approval, production and marketing of the Company's
products, the uncertainty of patent protection for the Company's
intellectual property or trade secrets, and the Company's ability
to obtain additional financing. Such statements are based on
management's current expectations, but actual results may differ
materially due to various factors, including those risks and
uncertainties mentioned or referred to in this press release.
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