Trustcash Provides Shareholder Update
September 21 2009 - 8:30AM
Marketwired
Trustcash Holdings Inc. (the "Company" or "Trustcash") (PINKSHEETS:
TCHH) confirms that the Company has received a Cease Trade Order
for trading of TCHH in British Columbia ("CTO") from the British
Columbia Securities Commission a highly regarded Canadian
securities regulator.
The CTO was issued for failing to meet British Columbia
disclosure requirements under BC Instrument 51-509. A copy of the
CTO is available at
http://www.pinksheets.com/pink/quote/quote.jsp?symbol=tchh#getResearchReports.
Regardless of the fact that the Company's Chief Technical
Officer, Servers, Sales Staff, Customer Service, Legal Counsel and
Accountants operate and are located in the USA; the Company is
subject to BC Instrument 51-509 as a result of the fact that its
President is a resident of British Columbia, Canada.
Pink Sheets has confirmed the Caveat Emptor warning was issued
specifically as a result of the CTO and no other reason.
About Trustcash
Through its Trustcash brand and website (www.trustcash.com),
Trustcash is a pioneer of anonymous payment systems for the
internet. Trustcash developed a business based on the sale of a
virtual stored value card that can be used by consumers to make
secure and anonymous purchases on the internet. The company markets
its Trustcash(TM) payment card, which is sold in denominations
ranging from $10 to $200 online.
Cautionary Statement Regarding Forward-Looking Statements
A number of statements contained in this press release are
forward-looking statements. These forward-looking statements
involve a number of risks and uncertainties, including the
sufficiency of existing capital resources, technological changes
and uncertainties related to the development of Trustcash's
business model. The actual results Trustcash may achieve could
differ materially from any forward-looking statements due to such
risks and uncertainties.
Contact: Trustcash Holdings, Inc. Shareholder Communications
Email Contact 1-800-975-5196
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