Interactive Marketing Technology, Inc. Announces Clarification of OTCBB Status
HOLLYWOOD, Calif.--(BUSINESS WIRE)--March 16, 2000--Interactive Marketing Technology, Inc., ("IMT"), (OTCBB:IAMK) (OTCBB:IAMKE) announced clarification of its OTCBB status regarding eligibility for quotation.
IMT submitted its 10SB filing to the SEC to become fully reporting pursuant to the NASD's new eligibility rules. It is currently awaiting approval from the SEC. Effective today, there will be an "E" appended to the IAMK symbol to indicate that the company is in the final thirty days of the allowed period to become fully reporting.
The Company stated: "We understand the concern that some shareholders may have regarding this. However, we feel strongly that the additional time and effort expended on preparing our filing documents with the SEC will allow us to fulfill all reporting requirements in a timely fashion and before the deadline. Our challenge has always been to maximize shareholder value while taking the necessary steps to become fully compliant with SEC requirements."
Additionally, IMT today announced the strategic alliance between IMT and MedSav L.L.C. to market the ProMed Health Savings Card.
IMT stated that those who purchase the ProMed card will receive a 10-60% discount on a broad range of health services which include physician services, pharmacy, dental services and vision. In addition, there will be many ancillary benefits such as chiropractic, hearing aids, mail-order prescriptions and other benefits to be announced. |
