Quash Products PLC
Quash Products PLC : QUASH PRODUCTS PLC DE-LISTS FROM STUTTGART STOCK EXCHANGE
Quash Products PLC / Key word(s): Miscellaneous 03.09.2012 / 10:17 --------------------------------------------------------------------- Quash have de-listed from the Stuttgart Stock Exchange. Whilst the business continues to grow and develop the board of directors feel that there is little benefit of being quoted in a junior market at this stage. Currently investors are mostly concentrating on large caps and their dependency on the EU debt crisis.. There has been very little liquidity in the junior markets and the board believe that their efforts are best used to grow the company that our many private investors have invested in. It is the company's strategy to grow the company to a critical mass where it will then be appropriate to re-list the company on a fully regulated stock exchange in the way of a formal IPO (Initial Public Offering) or enter negotiations for a straightforward trade-sale. The board acknowledge that there are a number of small shareholders who have invested in Quash over the last 2 years and intend to continue to run the corporate websitewww.QuashProducts.com, and will update the news announcement sections as and when developments occur. In terms of developments of the company it is pleased to announce that it is in discussions with a number of parties with regards to selling licenses for various global jurisdictions. Now the full range of products have been developed, a licensing business model allows Quash to run a low-overhead business which is very cash rich and allows it to develop on further new product development. Commenting, John Garner, director said, 'Delisting the company is the right decision for the company and its shareholders. The current economic climate and in particular the doubts, and concerns over the Eurozone crisis make it hard to see any value in being quoted on a junior market such as Stuttgart. We have a responsibility to our shareholders and we shall uphold this by keeping them all informed of developments through the corporate website. From the business' point of view I am very pleased with the new range and the business model we are employing by selling global licenses for the products. I look forward to updating shareholders as and when negotiations are successful. As ever, if there are any queries I advise shareholders to contact the company at hello@quashme.com ' ** END OF NEWS RELEASE ** About Quash Products plc Quash is an independent, operating in the 0% Alcohol segment of the personal care and household goods markets. The Group distributes through a number of major high-street retailers in the UK and is taking steps to further expand the international reach of its natural product range in Europe, Middle East, Asia and North America. Quash is a number of unique formulations using natural ingredients, lab-proven to kill the toughest of germs and viruses without the need for soap or water. This news release may contain certain forward-looking statements, expectations, intentions, strategies and beliefs regarding the future. All statements contained herein are based upon information available to the management of Quash Products plc as of the date hereof, and actual results may vary based upon future events, both within and without the control of the management, including risks and uncertainties that could cause actual results to differ materially. Management does not take any responsibility to update the contents of this News Release in case new aspects arise or new conditions change the facts available. Registered office: Quash Products plc, 15a Ives Street, London, UK End of Corporate News --------------------------------------------------------------------- 03.09.2012 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- 183916 03.09.2012
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