Proper Power & Energy Announces Filing of Annual Report
TAMPA, Fla., May 6 /PRNewswire-FirstCall/ -- Proper Power and Energy, Inc., (OTC Bulletin Board: PPWE) announced that it has filed its annual report (10K) with the United States Securities & Exchange Commission. The Company's 10K was filed on time and accepted by the commission. The report was filed pursuant to sections 13 and 15 (d) not 5K item 405.
"In this new age where investors and the public demand complete transparency from public companies, we feel incumbent to complete all necessary filings on time as required by law," stated Proper Power President, Joseph Abdo. "Obviously audit financial statements and legal opinions carry a cost burden, but given recent scandals in the public markets, investors are entitled to rely upon the fact public companies will provide all required material information to give the marketplace a choice," Abdo concluded.
About Proper Power & Energy:
Proper Power & Energy was formed in 2006 as an exploration and production company for oil and gas. The organization is committed to utilizing a very dynamic system of research and testing, and as a result of this extensive research and testing, have selected several sites with very good to excellent potential for productivity.
Safe Harbor Statement:
Certain statements made in this press release constitute forward-looking statements that are based on management's expectations, estimates, projections and assumptions. Words such as "expects," "anticipates," "plans," "believes," "scheduled," "estimates" and variations of these words and similar expressions are intended to identify forward-looking statements. Forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. These statements are not guarantees of future performance and involve certain risks and uncertainties, which are difficult to predict. Therefore, actual future results and trends may differ materially from what is forecast in forward-looking statements due to a variety of factors. All forward-looking statements speak only as of the date of this press release and the company does not undertake any obligation to update or publicly release any revisions to forward-looking statements to reflect events, circumstances or changes in expectations after the date of this press release.
Contact Information |
|
Corporate: Nicole Propp |
|
Investor Contact: Daniel Conway |
|
DC Consulting, LLC |
|
(407) 792-3332 |
|
SOURCE Proper Power & Energy, Inc.
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article