Wineco Prod (CE) (USOTC:WNCP)
Historical Stock Chart
From Dec 2019 to Dec 2024
Filings Set the Foundation to Become Fully Reporting
SUNRISE, Fla., Aug. 8 /PRNewswire-FirstCall/ -- Wineco Productions Inc. (OTC:WNCP). Current regulations require the broker-dealers submitting a Form 211 to gather, analyze and maintain current financial and operational information relating to the issuing company. The process is an interactive one with NASD, and requires a significant time commitment on the part of both the broker-dealer submitting the 211 and the issuer wishing to become quoted. Form 15C211 was designed to allow a non-reporting public company's securities to be quoted on the NASDAQ OTC Pink Sheets by filing some simple disclosures.
Companies seeking to obtain a quote on the NASDAQ OTC Bulletin Board are required to file reports with the Securities and Exchange Commission. Under section 15 of the Securities Exchange Act of 1934, as amended, a company who has filed a registered offering with the SEC, such as SB-2 registration statement is required to file reports for one year. A company which files a Form 10 or Form 10SB (for small business issuers) becomes a reporting company under section 12g of the Act and must file reports. To be eligible for a quotation of its securities, the company's market maker must file a Form 15C211 with the NASD, the company must have sufficient free trading stock in its public float to allow Rule 15C211 to be approved for trading by the NASD
About Wineco Productions Inc.,
Wineco is in the process of acquiring mining properties that show recoverable "Nobel Metals." The various properties are for the most part, mines that have been worked in earlier times. Working these mines have left tons of "Tailings" that contain valuable material. The company will process the material that had already been mined and that material is referred to as "Tailings." These tailings yielding better extraction of Noble Metals through advanced equipment. http://www.winecoproductions.com/
Wineco recently announced that it has completed negotiations and has acquired the mine tailing from World Wide Consulting. The tailings consist of approximately 1 million tons and are very prolific in platinates. World Wide Consulting is the first of 5 companies that Wineco is in negotiations with. All companies have shown excellent results in their tailings. Wineco has proven its test in chemical extraction of platinum in addition to its previously proven micron gold extraction process.
This media release may contain forward-looking statements regarding but not limited to management, market potential, distributor success, market size, international sales, including statements regarding the intent, belief or current expectations of Wineco Productions Inc. and uncertainties that could materially affect actual results. Investors should refer to documents that the Company intends to file with the SEC for a description of certain factors that could change actual results. Investors should refer to factors that could cause actual results to vary from current expectations and the forward looking statements contained in this media release.
Contact:
Wineco Productions Inc
James Logan President
954 575-7296 or 954 316-1326
DATASOURCE: Wineco Productions Inc.
CONTACT: James Logan, President of Wineco Productions Inc.,
+1-954-575-7296, +1-954-316-1326
Web site: http://www.winecoproductions.com/