Chris, I think they did the prudent thing, can't figure out why after a year this would come back and haunt them.
Wataire Industries States Concern Over Inaccurate and Unsolicited Spam Messages
2006-05-25 13:41 ET - News Release
VANCOUVER, British Columbia -- (Business Wire) -- May 25, 2006
Wataire Industries Inc. (PINK SHEETS:WTAF) has announced that companies unknown to Wataire have been issuing spam releases purporting to provide information about Wataire Industries. The Company categorically denies any contact with such spam purveyors and asks investors to disregard any and all information concerning the company that has not been duly announced by Wataire Industries. We also ask that investors contact us directly if they have questions about information concerning the company that is not readily available through our news releases and filings with regulatory agencies. ¶ In addition,the Company has informed regulatory authorities stating its concern about unapproved and unsolicited news announcements by such third parties whose attempts may distort orderly market activity. ¶ Chairman Phil Fraser stated that "The Company is committed to provide all material information regarding its affairs in a timely and accurate fashion and co-operates fully with regulatory authorities . We believe that investors are entitled to all relevant information regarding publicly traded companies and we will strive to ensure that the company honors this policy."
¶ About Wataire
¶ Wataire was formed by a team of veteran executives with extensive experience in developing and bringing innovative products to market. The team is comprised of leaders and advisors who have extensive backgrounds in business administration, project management, manufacturing, international distribution, sales, and marketing. Wataire is committed to providing an array of innovative solutions that will help prevent fresh water shortages.
¶ On behalf of the Board ¶ Phil Fraser ¶ President & CEO
¶ Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including without limitation, continued acceptance of the Company''s products, increased levels of competition for the Company, new products and technological changes, the Company''s dependence on third-party suppliers, and other risks detailed from time to time in the Company''s periodic reports filed with the Securities and Exchange Commission. Contacts:
Wataire Industries Inc. Phil Fraser, 604-542-9140 Fax: 604-542-9150 or Investor Relations Russ Lombardo, 604-542-5600 Toll-free: 866-927-5600 Fax: 604-542-9150 info@wataireindustries.com www.wataireindustries.com Source: Wataire Industries Inc. |