HOUSTON, July 27, 2012 /PRNewswire/ -- Flame Seal
Products, Inc (symbol FLMP) releases the following:
Flame Seal Products, Inc. has made the decision to become a
fully reporting company so that all Stock Brokers can trade FLMP
stock. Until now, most brokers have been restricted from
accepting trades of FLMP due to its "Limited Information" status on
OTCMarkets. In fact, the number of dealers accepting trades
of Limited Information stocks is diminishing every month. More
importantly, even if a Broker does accept trades, they are
forbidden from recommending or promoting a stock that is only
providing limited information.
A message from Flame Seal's President: "Due to recent
developments of the Company, it has been determined that, for the
first time, the timing is right to go through the difficult process
of qualifying FLMP as a "Current Information" stock. Although
our commitment of our resources to growth makes this very
difficult, I feel we are now at the point that we must do all we
can to enable brokers that wish to openly recommend FLMP.
This is the first time Flame Seal will be at this level on the
stock market, and such status will greatly increase the exposure of
the stock through the brokers and promoters, and will open doors
for Management to develop a true public awareness campaign where it
matters most: On Wall Street, within the financial community
of brokers and dealers.
"We are finished with the financial and corporate record
reviews, as well as compiling all information required to be
filed. The last step, an opinion letter from an SEC attorney,
is almost complete. The filing will be posted next week, and
after review by OTCMarkets, FLMP should be upgraded to CURRENT
INFORMATION shortly thereafter.
"I feel this is a very big step for Flame Seal, on the "public"
side of this business. We are at that point in the
development of the Company that requires both the Core Business and
the Public Stock aspects of Flame Seal work together to assure we
gain the greatest advantage possible for our future
development. This, to make sure we seize the full scope of
the opportunities of today, as well as those that lie
ahead."
Michael D. Kiser, President.
ABOUT FLAME SEAL:
FLAME SEAL PRODUCTS, INC. (FLMP) began trading
March 27, 2000
on OTCMarkets. Flame Seal Products, Inc. is the Transfer
Agent of record.
Contact:
Michael D. Kiser
Flame Seal Products (symbol: FLMP)
Offices: 713-668-4291
Website: www.flameseal.com
SOURCE Flame Seal Products, Inc.