General Finance and Development, Inc. Announces Discontinuation of Reports Posted at OTC Markets
Aug 26, 2016
OTC Disclosure News Service
Annual Reports will be made available at the company website
William Kieger, CEO of General Finance and Development (OTC
Markets: GFDV) announced today that the quarterly and annual shareholder
reports, for at least the time being, will not be posted at OTC Markets. The accompanying
news service will also be discontinued.
Instead the company will be
posting the reports and news at its website www.genfd.com.
There are multiple reasons
why the decision was made including the expense to the company to subscribe to
the services offered by OTC Markets and the associated administrative costs.
The trading volume has been historically low for the shares.
The company has previously
announced that it has implemented a share purchase program.
foregoing material may contain forward-looking statements. We caution that such
statements may be subject to uncertainties and that actual results could differ
materially from the fore-going statements. Readers accordingly should not place
undue reliance on these forward-looking statements which do not reflect
anticipated or unanticipated events or circumstances occurring after the date
of these forward-looking statements. More information regarding General Finance
and Development including financial statements and reports is available at the
company’s website www.genfd.com
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