FLKI Expects That Coverage by MINA MAR Will Greatly Enhance the Performance of Investor Relations and Communication and Improve Cooperation and Coordination to Facilitate Exchanges and Exposure With and to the Investment Banking Community
TRENTON, NEW JERSEY--(Marketwire - 02/16/11) - Falken Industries Ltd (OTC.BB:FLKI - News) today announced that the company had been selected for independent objective coverage and reporting by MINA MAR GROUP a globally recognized consulting & corporate finance group with particular expertise in IR and Shareholder Awareness communication. It is particularly well known for its customized showcasing of quality emerging growth stocks.
The decision to accept independent coverage is consistent with a recent general policy change by Falken's management which creates an IR cooperation and coordination cell within the company's communications department to facilitate exchanges and exposure with and to the investment banking community.
Manuel Garcia, Communications Officer, during the press conference called for the purpose, stated: "It takes little more than a Google search of the symbol FLKI to realize that the company is well known in the industry where it places solidly as a global leader for its consumer, professional and industrial product conceptions."
This is an unprecedented decision of the kind. The company has never prioritized or operationally addressed its relationship with Investment Banking firms. Consequently, it is no surprise that it has done little if anything to promote investments in its stock in cooperation with members of the Investor Relations profession.
Garcia added: "The focus was brought to bear by the sentiments of the company's 4000+ shareholders which consistently opine that the stock seriously undervalues the company's fundamentals." Shareholders have a dedicated address at shareholders@falkenltd.com.
MINA MAR aims to provide the investing public with a free unique and objective information source on the company for investors who like to conduct their own research and make their own investment decisions. The group allows users to review and investigate dynamic publicly traded companies in user-friendly environments.
A profile of FLKI is available through MINA MAR who will solely undertake to ensure that timely information is available for the investing public.
In order to guaranty objective coverage, acceptance of its placement on MINA MAR's select list of dynamic publicly traded companies is without further obligation to the company.
About Falken Industries Ltd:
Falken Industries Ltd (OTC.BB:FLKI - News) is a diversified industrial conglomerate that operates in Chemicals, Wet Wipe and Biodegradable Technology. Falken Industries Ltd is the concept behind more than 160 products distributed through a network of global platforms and the recipient of trade awards for innovations, biodegradability and environmental and health quality standards.
SAFE HARBOR STATEMENT: This news release contains "forward-looking statements" made pursuant to the safe harbor provisions of the 1995 Private Securities Litigation Reform Act. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." Such statements are subject to 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 our products may not achieve customer acceptance or perform as intended, that we may be unable to obtain necessary financing to continue operations and development, and other risks. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements.
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