Kentucky Energy Announces OTCBB Listing Application
October 07 2010 - 5:30AM
Kentucky Energy, Inc. (Pink Sheets:QMIN) (Kentucky Energy), a
Kentucky based operator of energy and mineral related
properties, today announced that market maker, Spartan Securities
Group, Ltd., filed an application to resume quotation of Kentucky
Energy's shares of common stock on the Over the Counter Bulletin
Board (OTCBB) with the Financial Industry Regulatory Authority
(FINRA). Kentucky Energy's shares are currently quoted on the
OTCQB, a newly created marketplace of U.S. registered and reporting
companies that are current on their reporting to the SEC.
Eugene Chiaramonte, Jr., President of Kentucky Energy, Inc.,
stated, "We are pleased to report that Spartan Securities has
applied to resume quotation of Kentucky Energy's shares on the
OTCBB. Kentucky Energy has timely filed its SEC reports over
the last year, and we are hoping that FINRA approves Spartan's
application and that our shares resume quotation on the OTCBB in
the very near future."
About Kentucky Energy, Inc.: Kentucky Energy,
Inc. acquires and operates energy and mineral related properties in
the southeastern part of the United States. The Company focuses its
efforts on properties that produce quality compliance blend coal.
For more information on Kentucky Energy, Inc., please visit our
website: KentuckyEnergyInc.com.
Forward Looking Statement: This press release
contains items that may constitute forward-looking statements
within the meaning of the Private Securities Litigation Reform Act
of 1995. Although Kentucky Energy, Inc. believes the expectations
reflected in such forward-looking statements are based on
reasonable assumptions, it can give no assurances that its
expectations will be achieved. Factors that could cause actual
results to differ from expectations include, but are not limited
to, lack of revenue-producing operations, lack of working capital,
debt obligations, judgment and lien claims against Kentucky Energy,
Inc. and certain of its assets, difficulties in refinancing short
term debt, difficulties identifying and acquiring complementary
businesses, fluctuations in coal, oil and gas, and other energy
prices, general economic conditions in markets in which Kentucky
Energy, Inc. does business, extensive environmental and stock and
other uncertainties and business issues that are detailed in its
filings with the Securities and Exchange Commission.
CONTACT: Kentucky Energy, Inc.
Eugene Chiaramonte, Jr.
973-684-0035
www.kentuckyenergyinc.com