Greenleaf Technologies Corp. Files A Form 10-SB Registration Statement with the SEC
Austin, Texas - November 18,1999 - Greenleaf Technologies Corp. (OTC BB: GLFCE) ("Greenleaf"), announced today that the Company filed a Form 10-SB Registration Statement with the Securities and Exchange Commission ("SEC").
The SEC process for the SEC comments and the Company's resulting amendments to the form 10-SB is expected to take 45 to 90 days thereafter. Because of certain rule changes it currently is anticipated that the Company's stock will not be quoted on the Bulletin Board from December 2, 1999 for a period of 30 to 75 days. Although the Company intends to be in full compliance with the new reporting requirements by the end of the 75 days, there is no guarantee that this will occur.
The Company's stock will be quoted on the "pink sheets" during the time period that its stock is not quoted on the Electronic Bulletin Board.
About Greenleaf Technologies Corp.
Greenleaf Technologies Corporation, based in Austin, Texas, is the exclusive software security provider for all DVD-ROM projects for Warner Advanced Media Operations (WAMO), a division of WEA Mfg., a Time Warner Company. Greenleaf is also a member of WAMO?s Worldwide Affiliate Program.
Greenleaf develops and markets encryption services designed for the software and entertainment industries including games, applications and music. Greenleaf's innovative software security protection offers new ways to bundle and distribute PC-based content on advanced media including DVD-ROM and the Internet.
WAMO is the co-developer of the DVD replication process and provides a complete DVD solution including video compression, encoding, authoring, anti-piracy, packaging, distribution tracking, Internet connectivity, consumer technical support, replication and encryption worldwide.
This release contains forward-looking statements with respect to the results of operations and business of Greenleaf Technologies Corporation that involve risks and uncertainties. The Company's actual future results could materially differ from those discussed because of various risks and uncertainties related to the Company and its business. Certain of those risks and uncertainties will be detailed from time to time in the Company's periodic reports, they include the risk of existing and potential competition to the Company and the Company's potential need for additional capital in order to pursue its business plan. The Company intends that such statements about the Company?s future expectations, including future revenues and earnings, and all other forward-looking statements be subject to the "safe harbors" provisions of the Private Securities Litigation Reform Act of 1995.
For more information please contact:
Greenleaf Technologies Corporation
Eric Low
512.343.1300
RTS Group
Richard Sullivan
Investor Relations
888.321.8922 |
