Today, eDOORWAYS commented on the natural glitches within the ‘tech’ system of certain financial sites. These glitches have caused quotation discrepancies. Gary Kimmons, CEO of eDOORWAYS Corporation, stated, “Currently, some of these financial sites reflect us as not trading on March 31, 2009, which is the same exact day we began trading on the OTCBB. Others reflect zero trading days for the four or five days after returning to the Bulletin Boards while some show no trading data at all.”
This has bothered the company as its stock is currently trading at over a 98% ratio with no zero trading days in the recent past. In fact, EDWY’s average daily trading volume surpasses 700,000 shares year to date, with the 30-day and 10-day average daily trading volumes reflecting approximately 1,013,603 shares and 1,677,351 shares, respectively.
CEO Kimmons established a number of milestones for this year and up to now has achieved each of them. However, returning to the OTCBB might impact the time frame other milestones are reached. His desire is to ensure that the company is properly positioned for investors requires the corporate books be pristine.
“Prior to our returning to the OTCBB, we were simply steadfast on completing the 10K in good fashion unfettered by the demands of the OTCBB time requirements,” said Kimmons. “This is no longer the case. However we will not be deterred from doing what’s right for our shareholders. This means not cutting corners and ensuring that our books are properly organized, transparent and extremely attractive to all investors.”
According to the press release, optimism continues to be strong at the company. eDOORWAYS anticipates announcing its launch date within the second quarter of the year after the 10K is complete. The company also hinted that there may be some major additions to the consulting staff to be announced within the next few days. These additions are expected to further support the viability of the eDOORWAYS brand and company.
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