TUCSON, ARIZONA, Florida – June 6th, 2017 – (M2 Presswire) Genesys Industries, Inc today announced that the company is awaiting a trading symbol for its IPO shares of common stock. All holders of the company’s common stock will receive notification on the symbol and trading commencement when available. Before the IPO shares can trade, a market maker in the common stock must file a Form 211 with FINRA, indicating compliance with Rule 15c2-11 under the Securities Exchange Act of 1934, before a broker-dealer can post a quotation for the company’s stock. Once the filing is completed and cleared by FINRA, trading in the IPO stock will commence. The company has no control over the timing of the Form 211 process or when a symbol will be allocated and trading will commence.
Company Spokesperson, commented: “It is our understanding that our sponsoring market maker has filed a Form 211 application and is currently working directly with FINRA examiners on the process of obtaining the company stock symbol. We are hopeful that trading in our stock under our new symbol will start once FINRA approves the application.”
About Genesys Industries
Genesys Industries is a diversified multi-industry advanced manufacturer of complex components and products. The company is a vertically integrated precision cnc manufacturing and fabrication company with core emphasis on product design, engineering and precision manufacturing of complex components and products. Some of the industries served include Aerospace, Automotive, Building Materials, Food Processing, Industrial, Maritime, Medical, Railroad, Oil and Gas, Packaging, Telecom, Textiles, Pulp Paper, Transportation and many more. Follow us on twitter @genesysind
Safe Harbor Statement
This press release contains forward-looking statements. Actual results could differ materially from those projected in the forward-looking statements as a result of a number of risks and uncertainties. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. Statements contained in this press release regarding the company intentions, hopes, beliefs, expectations, or predictions of the future are “forward-looking” statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based upon the Company’s current expectations, forecasts, and assumptions that are subject to risks, uncertainties, and other factors that could cause actual outcomes and results to differ materially from those indicated by these forward-looking statements. These risks, uncertainties, and other factors include, but are not limited to, the risks and uncertainties discussed under the heading “Risk Factors” in the Company’s Financial Reports. This press release does not form any part of a prospectus or offering. The Company undertakes no obligation to update any of the information included in this release, except as otherwise required by law.