StratoComm Corporation Shareholder Notice
October 11 2011 - 6:40AM
This notice is provided to StratoComm Corporation (OTC
Pink:STCO) shareholders to state that on Thursday, October 6,
2011, the SEC published a Press Release to its website relating to
its decision to file civil claim against StratoComm Corporation,
Roger D. Shearer, CEO and Craig Danzig, formerly Director of
Investor Relations with StratoComm.
As of this writing neither the company nor Mr. Shearer have
received copy of the claim although Mr. Shearer anticipated receipt
by email as discussed earlier last week when returning a call
received from the SEC. It was anticipated that a detailed response
to the claims enumerated could be provided to shareholders by now,
however, failing to receive a copy as discussed, the only response
possible at this time is that StratoComm's opinion of the release
is the following;
- That it presents only the opinions of the SEC.
- Opinions as expressed in the release are believed to be
inaccurate and/or misleading.
- The Company is unable to comment in response to references to
potential Rules violations until following review by counsel once
in receipt of the claim.
StratoComm has fully respected and supported all requests for
information from the Securities and Exchange Commission and it will
continue to do so as it sees the process through and respond
promptly to all documents received. The company will maintain open
and accurate communications with its shareholders as it addresses
the claims, once received.
StratoComm Corporation is a developer and provider of
telecommunications infrastructure technologies with a specific
focus to the delivery of ubiquitous and cost sensitive
communication services to the developing world. The company is
further committed to the allocation of a portion of each system's
service capacity for the provision of low cost/no cost social and
economic outreach programs.
Safe Harbor Disclosure – This Press Release
contains or incorporates by reference " Forward-looking
statements," including certain information with respect to plans
and strategies of StratoComm Corporation. For this purpose, any
statements regarding this announcement, which are not purely
historical, are forward-looking statements, within the meaning of
the Private Securities Litigation Reform Act of 1995, including
StratoComm Corporation beliefs, expectations, hopes or intentions
regarding the future. All forward-looking statements are made as of
the date hereof and based on information available to StratoComm
Corporation as of such date. There are a number of important
factors that could cause actual events or actual results of
StratoComm Corporation and its subsidiaries to differ materially
from those indicated by such forward looking statements.
This information was brought to you by Cision
http://www.cisionwire.com
http://www.cisionwire.com/stratocomm-corporation/r/stratocomm-corporation-shareholder-notice,c9172313
CONTACT: StratoComm Corporation
Roger D. Shearer, CEO
518-608-8940 ext. 15
Email: info@stratocomm.net
web site: www.stratocomm.net
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