AppTech Corp Achieves Requirements for Pink Sheets Current Information Standards
February 24 2010 - 6:00AM
PR Newswire (US)
HOUSTON, Feb. 24 /PRNewswire-FirstCall/ -- AppTech Corp (Pink
Sheets: APCX) http://www.apptechglobal.com/ is pleased to announce
that it has met the standards that Pink Sheets requires for Current
Information Status
(http://www.pinksheets.com/content/doc/ps/Disclosure/Guidelines/2.pdf).
AppTech Corp is the Holding Corporation for AppTech Global, Inc.,
which is currently developing a worldwide, multi-lingual,
cross-platform marketplace for apps designed for Google Android,
iPhone, Blackberry, Microsoft Mobile, and other operating systems.
The Current Information category is based on meeting more stringent
levels of disclosure and transparency required by the Pink Sheets.
Shareholders may now view the Company's Initial Company Information
and Disclosure Statement, as well as other current financial
documents necessary to achieve Current Information Status with Pink
OTC Markets, Inc. Eric Ottens, CEO of AppTech Corp stated, "In
analyzing Pink OTC Markets statistics, we found meeting Current
Information Status can result in substantially improved trading
value for APCX shareholders. As of December 2009, current
Information Status companies on Pink OTC Markets in 2009 have
averaged $81,259,055 in trading volume versus $745,812 average
dollar volume per security with No Information Status. This
indicates statistically that Current Information Status reporting
companies show over 100 times the average trading volume versus No
Information Status companies that do not meet these standards."
AppTech Corp http://www.apptechglobal.com/ AppTech Global, Inc. is
a subsidiary of AppTech Corp. and is developing mobile application
marketplaces serving emerging countries throughout the world,
including Latin America, Brazil, China, India, Japan, and the USA.
Forward-Looking Statements This release contains "forward-looking
statements" within the meaning of Section 27A of the Securities Act
of 1933, as amended, and Section 21E of the Securities Exchange Act
of 1934, as amended, and such forward-looking statements are made
pursuant to the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. "Forward-looking statements"
describe future expectations, plans, results, or strategies and are
generally preceded by words such as "may," "future," "plan" or
"planned," "will" or "should," "expected," "anticipates," "draft,"
"eventually" or "projected." You are cautioned that such statements
are subject to a multitude of risks and uncertainties that could
cause future circumstances, events, or results to differ materially
from those projected in the forward-looking statements, including
the risks that actual results may differ materially from those
projected in the forward-looking statements as a result of various
factors, and other risks identified in a company's annual report.
DATASOURCE: AppTech Global, Inc. CONTACT: Sean Connolly, Vice
President, AppTech Global, Inc., +1-713-337-3700, Web Site:
http://www.apptechglobal.com/
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