Modern Mobility Aids, Files Its Annual Report With SEC
04 Junho 2014 - 12:30PM
Marketwired
Modern Mobility Aids, Files Its Annual Report With SEC
TORONTO, ON--(Marketwired - Jun 4, 2014) - Nevada-based Modern
Mobility Aids, Inc. (PINKSHEETS: MDRM) (OTC Pink: MDRM) (the
"Company"), announced today that it has filed its Annual Report
(Form 10-K) for the year ended June 30, 2013, with the Securities
Exchange Commission. The Company expects to be able to file
the subsequent Quarterly Reports (Forms 10-Q) within the next two
weeks, following which the Company will be current with all reports
required by the SEC.
Preston Shea, President of the Company, stated, "We are pleased
to have completed our audit and filed this report. The delays,
as unavoidable as they were, were occasioned by the transitioning
to a new auditor upon the retirement of the previous auditor and
the change in management and directors of the Company. Our
objective is to ensure that the financial reports of the Company
meet the toughest scrutiny and compliance with SEC regulation."
About Modern Mobility Aids, Inc. Modern Mobility Aids, Inc. was
first incorporated under the laws of the State of Nevada on
December 19, 2007, under the name of Glider Inc. Its original
business plan was to sell and distribute products for
mobility-challenged individuals. The Company changed its name to
Modern Mobility Aids, Inc. on April 22, 2010 with initial plans to
distribute products for mobility-challenged individuals. In
February 2014, the business focus of the Company evolved with a
rapid expansion strategy in the life sciences and healthcare
industry, with a focus on production of Medical Marijuana. A
mandate was created to acquire companies within the biopharma and
alternative medicine sectors targeting both innovative research and
development as well as scalable licensed, manufacturing capacity in
three niche market segments.
Safe Harbor
This news release may contain forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of 1995
(the "Act"). In particular, when used in the preceding of
discussion, the words "anticipate," "pleased," "plan," "confident
that," "believe," "expect," "possible" or "intent to" and similar
conditional expressions are intended to identify forward-looking
statements within the meaning of the Act and are subject to the
safe harbor created by the Act. Such statements are subject to
certain risks and uncertainties and actual results could differ
materially from those expressed in any of the forward-looking
statements. There are no guarantees or assurances that any
proposals, initiatives or negotiations will result in what the
company had originally intended. Any investment made into Modern
Mobility Aids, Inc., would be classified as speculative and
risky. Such risks and uncertainties include, but are not
limited to, market conditions, general acceptance of the company's
products and technologies, competitive factors, the ability to
successfully complete additional or adequate financing, government
approvals or changes to proposed laws and other risks and
uncertainties further stated in the company's financial reports and
filings.
Contact: CONTACT INFO: Modern Mobility Aids, Inc. Public
Relations and Shareholder Information investor@mdrmgroup.com
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