CleanTech Biofuels Provides Clarification for Investors Concerning Trading Under the Stock Symbol of CLTH
February 25 2011 - 8:30AM
Marketwired
CleanTech Biofuels, Inc. (OTCQB: CLTH)
(PINKSHEETS: CLTH), an early stage development company focusing on
providing cellulosic biomass feedstock derived from municipal solid
waste (MSW) for renewable energy and bio-based chemical production,
provides clarification for investors regarding the trading of its
common stock under the trading symbol of "CLTH." CleanTech
Biofuels, Inc. was advised by OTC Markets Group Inc., which
operates the world's largest electronic marketplace for
broker-dealers to trade unlisted stocks, that the market-makers in
our common stock have completed their migration off of FINRA's BB
(Bulletin Board) to OTC Markets Group. As a result, the Company is
being categorized under the OTCQB tier in which investors can view
Real Time Level II stock quotes for CleanTech Biofuels, Inc. at
http://www.otcmarkets.com.
The OTCQB is a market tier for OTC traded companies that are
registered and reporting with the Securities and Exchange
Commission ("SEC"). The Company plans to continue to file all
periodic reports with the SEC pursuant to the requirements of the
Securities Exchange Act of 1934, as amended, and pursue all other
aspects of its business in the normal course.
About CleanTech Biofuels, Inc. CleanTech
Biofuels, Inc. is an early-stage development company with patented
technology designed to produce cellulosic biomass feedstock derived
from municipal solid waste for renewable energy and bio-based
chemical production while achieving single-stream recycling.
About OTC Markets Group OTC Markets Group
Inc. operates the world's largest electronic marketplace for
broker-dealers to trade unlisted stocks. Its OTC Link platform
supports an open network of competing broker-dealers that provide
investors with the best prices in over 10,000 OTC securities. In
2010, securities on OTC Link traded over $144 billion in dollar
volume, making it the third largest U.S. equity trading venue after
NASDAQ and the NYSE. To learn more about the OTC Markets Group,
visit http://www.otcmarkets.com.
Safe Harbor Statement This news release
may contain forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995. Such statements
contained in this release are based on management's exercise of
business judgment as well as assumptions made by and information
currently available to management. When used in this document, the
words "may," "will," "anticipate," "believe," "estimate," "expect,"
"intend," and similar words, are intended to identify any
forward-looking statements. The risks and uncertainties that may
affect the operations, performance development, and results of the
Company's business include but are not limited to fluctuations in
financial results, availability and customer acceptance of our
products and services, the impact of competitive products, services
and pricing, general market trends and conditions, and other risks
as detailed in the Company's SEC reports.
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Company Contact: CleanTech Biofuels, Inc. Ed Hennessey President
and CEO Email Contact
Clean Tech Biofuels (CE) (USOTC:CLTH)
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