Micron Solutions, Inc. Announces Voluntary Deregistration of its Common Stock
2020年4月9日 - 6:31AM
Micron Solutions, Inc. (OTCQB: MICR) (the
“
Company”), a diversified contract manufacturing
organization, through its wholly-owned subsidiary, Micron Products,
Inc., producing highly-engineered, innovative components requiring
precision machining and injection molding, announced today the
filing of its Form 15 certifying that it has less than 300
stockholders of record and deregistering its Common Stock under
Section 12(g) of the Securities Exchange Act of 1934, as amended
(the “
Exchange Act”) and suspending its reporting
obligations under Section 15(d) of the Exchange Act. The Company
had previously filed its Form 25 relating to the delisting of its
Common Stock on March 26, 2020, with its delisting becoming
effective on April 6, 2020 and the Company’s Common Stock is now
quoted on the OTCQB under the symbol “MICR”.
As previously disclosed, the Company intends to
continue to provide periodic financial information, including
continuing to engage an independent public accounting firm to
perform an annual audit of the Company’s financial statements under
the OTC Market’s alternative reporting standard.
About Micron Solutions, Inc.
Micron Solutions, Inc., through its wholly-owned
subsidiary, Micron Products, Inc., is a diversified contract
manufacturing organization that produces highly-engineered,
innovative medical device components requiring precision machining
and injection molding. The Company also contract manufactures
components, devices and equipment for military, law enforcement,
industrial and automotive applications. In addition, the
Company is a market leader in the production and sale of
silver/silver chloride coated and conductive resin sensors used as
consumable component parts in the manufacture of integrated
disposable electrophysiological sensors. The Company’s
strategy for growth is to build a best-in-class contract
manufacturer with a specialized focus on plastic injection molding
and highly-engineered medical devices and components requiring
precision machining.
The Company routinely posts news and other important information
on its websites:
http://www.micronsolutionsinc.com and
http://www.micronproducts.com
Safe Harbor Statement
Forward-looking statements made herein are based
on current expectations of Micron Solutions, Inc. (“our” or the
“Company”) that involve a number of risks and uncertainties and
should not be considered as guarantees of future performance. The
factors that could cause actual results to differ materially
include our ability to obtain and retain order volumes from
customers who represent significant proportions of net sales; our
ability to maintain our pricing model, offset higher costs with
price increases and/or decrease our cost of sales; variability of
customer delivery requirements; the level of and ability to
generate sales of higher margin products and services; our ability
to manage our level of debt and provisions in the debt agreements
which could make the Company sensitive to the effects of economic
downturns and limit our ability to react to changes in the economy
or our industry; failure to comply with financial and other
covenants in our credit facility; the impact of the Company’s
financial results due to economic uncertainty and disruption
including, but not limited to, recent events concerning COVID-19;
reliance on revenues from exports and impact on financial results
due to economic uncertainty or downturns in foreign markets;
volatility in commodity and energy prices and our ability to offset
higher costs with price increases; continued availability of
supplies or materials used in manufacturing at competitive prices;
variations in the mix of products sold; continued availability of
supplies or materials used in manufacturing at competitive prices;
and the amount and timing of investments in capital equipment,
sales and marketing, engineering and information technology
resources. More information about the Company's financial
results is included in the Company's most recent Annual Report on
Form 10-K.
For more information, contact: |
|
|
Mr. Wayne Coll |
|
Chief Financial Officer |
|
978.345.5000 |
|
Micron Solutions (AMEX:MICR)
過去 株価チャート
から 5 2024 まで 6 2024
Micron Solutions (AMEX:MICR)
過去 株価チャート
から 6 2023 まで 6 2024