SAN MARINO, Calif., July 8 /PRNewswire-FirstCall/ -- Biotechnology company Viral Genetics (Pink Sheets: VRAL) has begun making corporate and financial disclosures through the OTCIQ.com portal, that provides information free of charge via the www.pinksheets.com website. The website is an online point of access for information concerning issuers listed on the "Pink Sheets" over-the-counter market. Investors can access and download all Viral Genetics financial reports, current reports, and other announcements that the company makes through OTCIQ at the pinksheets.com website. The company will also continue providing updates through regular press releases where appropriate.
On March 25, 2009, the company filed a Form 15 with the Securities and Exchange Commission terminating its reporting obligations under Section 12(g) of the Securities Exchange Act of 1934. As a result, the company was no longer eligible or required to make ongoing disclosures and reports under the SEC's online EDGAR system including annual and quarterly reports on Form 10-QSB or Form 10-KSB, as well as Current Reports on Form 8-K. The company intends to address this gap in disclosure by making disclosures under the OTCIQ service until such time as the company recommences making filings under EDGAR which would require re-registration with the SEC.
Re-registration would require the filing of audited financial statements, amongst other requirements. Doing so will be dependent on Viral Genetics securing sufficient resources to complete the necessary audits, legal documentation, and other items. While the company intends to do so, there is no guarantee that it will occur.
Disclosure on the OTCIQ system is made pursuant to the "Guidelines for Providing Adequate Current Information" available at '/>"/>
|SOURCE Viral Genetics, Inc.|
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