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MPhase Technologies Files Form 15 to Expedite Qualification for Pink Current Status

MPhase Technologies Files Form 15 to Expedite Qualification for Pink Current Status

mPhase Technologies 提交表格 15 以加快获得粉色当前状态的资格
GlobeNewswire ·  2023/06/29 11:34

Jacksonville, FL, June 29, 2023 (GLOBE NEWSWIRE) -- mPhase Technologies, Inc. (OTC Pink: XDSL) ("mPhase" or the "Company") currently rebranding as "Pebble," a leading climate technology company with services that transform how both merchants and consumers profit from sustainability-oriented commerce and lifestyle choices, today announced that it has filed a Form 15, in order for the Company to transition to the OTC Markets Alternative Reporting Standard. This change is designed to facilitate a move onto OTC's Pink Current Information Tier and a resumption of trading.

佛罗里达州杰克逊维尔,2023年6月29日(环球通讯社)MPhase Technologies(场外交易粉色代码:xDSL)(以下简称“M阶段”或“公司”)目前更名为“Pebble”,是一家领先的气候技术公司,其服务改变了商家和消费者从以可持续发展为导向的商业和生活方式选择中获利的方式。该公司今天宣布,它已经提交了15号表格,以便公司过渡到场外市场替代报告标准。这一变化旨在促进场外交易平台Pink Current Information Tier的升级和恢复交易。

As part of this process, the Company has temporarily suspended SEC reporting, and has applied to the OTC Disclosure and News Service. Once approved, the Company will commence the process of meeting the OTC's disclosure requirements, which include filing unaudited financial statements for the annual period ended June 30, 2022 and subsequent quarterly reports for Fiscal 2023. The Company's goal is to complete these requirements over the next several weeks. After satisfying the necessary OTC information requests, the Company should be moved from the Expert Market tier up to Pink Limited, which will enable shareholders to once again purchase the company's stock on select brokerages, creating a more liquid market. Once all annual and quarterly reports are audited and submitted, the Company should be returned to Pink Current, which will remove any remaining brokerage restrictions.

作为这一程序的一部分,该公司已暂停美国证券交易委员会的报道,并已向场外披露和新闻局提出申请。一旦获得批准,该公司将开始满足场外交易委员会的披露要求,其中包括提交截至2022年6月30日的年度未经审计财务报表和随后的2023财年季度报告。该公司的目标是在未来几周内完成这些要求。在满足必要的场外信息要求后,该公司应从专家市场级别转移到Pink Limited,这将使股东能够再次在选定的券商购买公司股票,创造一个更具流动性的市场。一旦所有年度和季度报告都经过审计和提交,该公司应被退还给Pink Current,这将取消任何剩余的经纪限制。

Furthermore, in a decision based on their current risk profile, Prager Metis has resigned as the Company's auditor, with no disputes or disagreements.

此外,在根据他们目前的风险状况做出的决定中,Prager Metis已经辞去了公司审计师的职务,没有争议或分歧。

"High costs and lengthy delays in the audit process are a challenge for any small company, but particularly for one that is entering a major growth phase," explained Pebble CEO Richard Thorpe. "Our business is expanding rapidly, so this decision to simplify our reporting will provide us with tremendous cost savings at a time when additional capital can have a meaningful impact on our future growth. The changes in our reporting structure should be viewed as transitional, a means to more quickly resume trading, increase our transparency, and rebuild our status as a viable public entity. We've successfully launched what we think will be one of the fastest growing new entities in the sustainability space, so we look forward to sharing our progress with investors in future updates."

Pebble首席执行官理查德·索普解释说:“审计过程中的高成本和长期拖延对任何小公司来说都是一个挑战,特别是对一个正在进入主要增长阶段的公司来说。”我们的业务正在迅速扩张,因此,在额外资本可能对我们未来的增长产生重大影响的时候,简化我们的报告的决定将为我们提供巨大的成本节约。我们报告结构的变化应该被视为过渡性的,一种更快恢复交易、提高我们透明度的手段,并重建我们作为一个有生存能力的公共实体的地位。我们已经成功地推出了我们认为将是可持续发展领域增长最快的新实体之一,因此我们期待着在未来的更新中与投资者分享我们的进展。

Details on the public availability of current information can be found at

有关公开提供最新信息的详细信息,请访问

About mPhase Technologies (Pebble)

关于M相技术%s(鹅卵石)

mPhase is a climate technology company rebranding as "Pebble" to offer a suite of cloud-based mobility and consumer engagement services that incentivize consumers for purchases and lifestyle choices that promote sustainability goals. The Pebble platform combines patented Wi-Fi anonymous-onboarding technology, proprietary AI, location-awareness, tokenization, game-mechanics, EV-charger geofencing, and an expanding network of applications to make personal sustainability easier and more rewarding. The Pebble experience is unique in that it is tailored to each individual's tastes and needs, creating highly customizable sales opportunities for retailers, along with a scalable platform to benefit from the evolution to EV-centric travel and commerce.

M阶段是一家气候技术公司,更名为“Pebble”,提供一整套基于云的移动性和消费者参与服务,以激励消费者购买和选择促进可持续发展目标的生活方式。Pebble平台结合了专利Wi-Fi匿名自注册技术、专有AI、位置感知、标记化、游戏机制、电动汽车充电器地理围栏以及不断扩大的应用网络,使个人可持续发展更轻松、更有价值。Pebble体验的独特之处在于,它是根据每个人的品味和需求量身定做的,为零售商创造了高度可定制的销售机会,以及一个可扩展的平台,从以电动汽车为中心的旅行和商务的演变中受益。

Additional information can be found at .

有关更多信息,请访问。

Investor Contact:
ir@pebble.tech

投资者联系方式:
邮箱:ir@pebble.tech


声明:本内容仅用作提供资讯及教育之目的,不构成对任何特定投资或投资策略的推荐或认可。 更多信息
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