The DTCC Chill is lifted from GDTK's Stock
Published on Tuesday, 31 July 2012 16:10 Written by TradersHuddle Staff
GDT TEK, Inc. withdraws its Petition with the SEC regarding Actions Taken by the DTCC
LARGO, Fla., July 31, 2012 /PRNewswire/ -- GDT Tek, Inc. (OTC: GDTK) announced today that based on information received from DTCC, and also from shareholders that confirmed with their stock brokers, the deposit chill was lifted today, Tuesday, July 31, 2012. As per agreement with DTCC, the Company, through our attorney Simon Kogan ESQ, has withdrawn our petition with the SEC.
The Company again wishes to thank the Company's attorney Simon Kogan ESQ for the expeditious and professional manner in which Mr. Kogan was able to resolve this matter with DTCC.
"Simon Kogan, our Attorney, and Laura Cataldo, President of Platinum Stock Transfer, again deserve all the credit for the favorable resolution achieved with DTCC," stated GDTK's President Bo Linton. "We will be updating the shareholders and the investment community as to how the Company will be moving forward with its business of deploying its Green Renewable Electrical Generation Solutions."
About Platinum Stock Transfer, Inc. President of PST, Laura Cataldo, began her 17-year career with Bear Stearns in 1978 as a Personal Assistant. Throughout those years, she advanced to Futures Margin Manager, Registered Equity and Futures Broker and Futures Department Manager. Laura held a stock broker's license for 13 years. Ms. Cataldo was the first female inducted into the elite Million Dollar Producer Club. She is a two time recipient of the Trader of the Year awarded by COMEX. After seeing the direction the industry was taking, Ms. Cataldo left brokerage to pursue other avenues of business leading to her relocation to Arizona in 2002 where she began her second career in the less volatile arena of stock transfer. Ms. Cataldo was the Executive Vice President, Director of Operations and a member of the Board of Directors of a Phoenix-based stock transfer agency for five and one half years.
Please visit Platinum Stock Transfer's website www.platinumstocktransfer.com.
To contact via email
or via phone 623-266-2591.
About Simon Kogan ESQ is a senior litigator with over 20 years experience in complex cases from inception to trial and beyond. He has personally managed dozens of arbitration and related matters for both brokers and public customers and generated over $400,000 per year in annual billings. Mr. Kogan has a long history as a partner in boutique securities firm where he developed and maintained the firm's intranet and use of technology for litigation support. Through his private practice and in cooperation with other lawyers, Mr. Kogan handles civil litigation and private securities matters, including private placements and reverse mergers. From 1993-95, Mr. Kogan taught legal writing as an Adjunct Professor of Law at New York Law School.
For Mr. Kogan's website please go to http://mysite.verizon.net/vzexoxyk/simonskoganesqattorneyatlaw/.
About GDT TEK, Inc.: is a Florida-based publicly traded company (OTC: GDTK) focused on renewable and sustainable energy technologies. The company has licensed patented waste heat to electric power generation technology and is driving its adoption by power plants, landfills and other waste-heat generating industries. GDT Tek's waste heat to electricity systems are powerful enough to serve as a primary energy source, highly efficient, immediately cash-flow positive when installed under a Power Purchase Agreement and are scalable with system sizes from 150 KW/Hr to 5000 KW/Hr currently available. The GDT Tek system has been proven through a long-term five year installation at a San Jose, California-area landfill. Waste heat captured from landfill-generated methane gas generator engine exhaust and radiator jacket coolant systems is used by the GDT Tek system to generate electricity which is then sold to the grid. Professor Robert W. Dibble of the University of California at Berkeley assessed the GDT Tek system and stated that "Of the many technologies that I have evaluated over the course of the past several decades, GDT Tek's heat to power conversion solution has proven to be the most reliable, versatile, efficient, lowest emissions, and overall cost-effective solution available in today's changing world market."
RTR Global Investments, LLC is a wholly owned subsidiary of GDT Tek, Inc. It holds projects, contracts, and power purchase agreements for its parent company GDT Tek, Inc.
GDT Tek, Inc.'s website is www.gdttek.com, which is in the process of being updated; please sign up for our newsletter (http://www.gdttek.com/info-signup.php) for future information about the company.
Safe Harbor Statement: This release includes forward-looking statements. These forward-looking statements generally can be identified by phrases such as GDTK or its management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Similarly, statements herein that describe the Company's business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements.
Or: Bryan Andrew, Wall Street Media Group, PH. 480-588-8658
SOURCE GDT Tek, Inc.
- GDT Tek is officially an Industry Partner with the EPA-CHP
- GDT Tek Eliminates $10,000,000 of Debt from Balance Sheet Auditor Completing First Steps to Bring All Financial Filings Current
- GDT Tek Enters Into Exclusive Rights Agreement To Acquire a Renewable Energy Company
- GDT Tek, Inc. Engages Keith K. Zhen, CPA as New SEC Auditor To Bring GDT Tek, Inc. Current and Fully Reporting Again
- GDT Tek is Officially an Industry Partner with the EPA-LMOP
- Clean Energy Pipeline Europe's leading publication on Clean Energy Today interviewed Maxine Pierson EVP of GDT TEK, Inc.
- SBIR/STTR Accepts GDT TEK, Inc., as a New Member
- In Celebration of Earth Day April 22, 2013 Maxine Pierson Executive Vice President of GDT TEK, Inc., was interviewed Today, April 23, 2013 By Wall Street Media Group at 11AM Eastern
- Maxine Pierson joins GDT Tek, Inc., As Executive Vice President in charge of Mergers and Acquisitions
- Darian Tenace Joins Advisory Board of GDT Tek
Related Partner Headlines
Latest Partner Headlines
Dow Today: Verizon Communications (VZ) Higher - TheStreet.com
Separating the Bargains From the Busts - TheStreet.com
Cramer Quick Take: The 60-Inch TV Will Be Key This Holiday - TheStreet.com
Cramer Quick Take: Cisco Wins If Fiscal Cliff Is Resolved - TheStreet.com
Gap Up and Sit - TheStreet.com
Apple, Intel, MicroStrategy: Tech Winners & Losers - TheStreet.com
Windows 8 PC Sales Disappointing: Report - TheStreet.com
Cramer Quick Take: Buy Home Depot and Lowe's - TheStreet.com
Dow JonesCompany ID [INDEXDJX:.DJI] Last trade:15,388.43 Trade time:1:47PM EDT Value change:▲0.85 (0.01%)
S&P 500Company ID [INDEXSP:.INX] Last trade:1,665.57 Trade time:1:47PM EDT Value change:▼3.59 (-0.22%)
NASDAQCompany ID [INDEXNASDAQ:.IXIC] Last trade:3,484.64 Trade time:1:47PM EDT Value change:▼17.48 (-0.50%)
In The Wires
RBC Donates $50,000 to Red Cross to Support Oklahoma Tornado Relief Efforts
S&P Report: The U.S. Shale Boom's Impact On Various Industry Sectors
IBM Announces New Capabilities to Deliver Real-Time Analytics via the Cloud
Porter Novelli Launches "Porter Novelli Influence Modeling"
Writers' Group Film Corp. Unveils New Strategic Initiatives Aimed at Revenue Growth and Leveraging Distribution Platforms
SuperCom Appoints Doron Ilan as Chief Financial Officer
Southwest Airlines Announces Organizational Leadership Change
American Airlines Joins With The American Red Cross To Aid Oklahoma Tornado Victims