Cleartronic, Inc. (CLRI) Clarifies Stock Outstanding Structure; 57.45M “Float” Holders
BOCA RATON, Fla., March 15, 2018 (GLOBE NEWSWIRE) -- Cleartronic, Inc., (OTCPINK:CLRI) clarifies and breakdowns its current outstanding common stock structure.
As of March 15, 2018, CLRI has a total of 203,899,190 shares of common stock outstanding, par value, $0.00001. 101,867,465 are restricted shares under Rule 144 and 102,031,725 are non-restricted. Of the total non-restricted common shares, 44,577,652 shares are held in certificate form. The remaining 57,454,073 share are held by the public in brokerage accounts, commonly known as the “float,” “tradable shares,” “street name,” or “free-float.”
“We hope this clarifies to those who have inquired on this matter,” said Larry Reid, President of Cleartronic, Inc.
The Company’s transfer agent provided CLRI’s management with the current share structure breakdowns.
About Cleartronic, Inc.
Cleartronic, Inc., a diversified holding Company, creates and acquires operating subsidiaries with the goal of manufacturing and selling products, services, and integrated systems to government agencies, business enterprises and the general public. In addition to its ongoing research and development projects, Cleartronic currently has two operating subsidiaries, ReadyOp Communications, Inc. and VoiceInterop, Inc.- www.cleartronic.com, www.voiceinterop.com and www.readyop.com.
Safe Harbor Statement
This news release contains statements that involve expectations, plans or intentions (such as those relating to future business or financial results) and other factors discussed from time to time in the Company's Securities and Exchange Commission filings. These statements are forward-looking and are subject to risks and uncertainties, so actual results may vary materially. You can identify these forward-looking statements by words such as "may," "should," "expect," "anticipate," "believe," "estimate," "intend," "plan" and other similar expressions. Our actual results could differ materially from those anticipated in these forward-looking statements because of certain factors not within the control of the company. The factors that could cause actual future results to differ materially from current expectations include, but are not limited to, risks and uncertainties relating to the Company’s ability to finalize and enter into definitive agreements with strategic partners, the availability of additional funding, the early-stage nature of the industry sector; regulatory changes affecting the sale, transport or consumption of Cannabidiol or hemp based products by humans or animals, commercial impacts to the Company’s business, related agreements, product development, marketing and distribution plans and strategies. The company cautions readers not to place undue reliance on any such forward-looking statements which speak only as of the date made. The Company cautions readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made. The company disclaims any obligation subsequently to revise any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events.
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