Nextera Enterprises, Inc. Announces SEC Deregistration
15 5์ 2008 - 6:35AM
Business Wire
Nextera Enterprises, Inc. (the ๏ฟฝCompany๏ฟฝ) (OTCBB:NXRAE) today
announced that it intends to deregister the Company๏ฟฝs common stock
under Sections 12(g) and 15(d) of the Securities Exchange Act of
1934 (the ๏ฟฝExchange Act๏ฟฝ). As of January 31, 2008, the Company had
less than 300 shareholders of record, and as a result has not been
obligated to file annual, quarterly and current reports under the
Exchange Act. In addition to freeing up significant internal
resources, management estimates that the cessation of these
reporting obligations will result in significant savings in legal,
accounting, and administrative expenses and compliance related
costs associated with Section 404 of the Sarbanes-Oxley Act. The
Company๏ฟฝs President, Joe Millin, stated, ๏ฟฝAs our management team
and board examined the relative advantages and disadvantages of our
status as a public company, it became apparent that in view of our
limited public float, the relative illiquidity of our stock and our
current financial condition, the compliance costs involved in
maintaining that status outweighed the potential benefits of such
registration to our shareholders and the board is in full agreement
with the decision.๏ฟฝ About Nextera Enterprises, Inc. Nextera
Enterprises Inc. currently operates through its wholly-owned
subsidiary, Woodridge Labs, Inc. Woodridge Labs is an independent
developer and marketer of branded consumer products that offer
simple, effective solutions to niche personal care needs. More
information can be found at www.nextera.com and
www.woodridgelab.com. Forward-Looking Statements This release
contains forward-looking statements that involve risks and
uncertainties. Important factors that could affect these
forward-looking statements are detailed under ๏ฟฝItem 1A.Risk
Factors๏ฟฝ and elsewhere in filings with the Securities and Exchange
Commission made from time to time by Nextera, including, but not
limited to: its Annual Report on Form 10-K for the year ended
December 31, 2007 filed with the Securities and Exchange Commission
on May 14, 2008; recent quarterly reports on Form 10-Q; and other
current reports on Form 8-K, and include the risk that the risk
that the Company may not deregister its common stock as
contemplated thereby. All forward-looking statements included in
this news release should be considered in the context of these risk
factors. Nextera undertakes no obligation to release publicly any
revisions to any forward-looking statements to reflect events or
circumstances after the date hereof or to reflect the occurrence of
unanticipated events. Investors and prospective investors are
cautioned not to place undue reliance on such forward-looking
statements.
Nextera Enterprises (CE) (USOTC:NXRA)
๊ณผ๊ฑฐ ๋ฐ์ดํฐ ์ฃผ์ ์ฐจํธ
๋ถํฐ 7์(7) 2024 ์ผ๋ก 8์(8) 2024
Nextera Enterprises (CE) (USOTC:NXRA)
๊ณผ๊ฑฐ ๋ฐ์ดํฐ ์ฃผ์ ์ฐจํธ
๋ถํฐ 8์(8) 2023 ์ผ๋ก 8์(8) 2024
Nextera Enterprises Inc (CE) (OTC ์์ฅ)์ ์ค์๊ฐ ๋ด์ค: ์ต๊ทผ ๊ธฐ์ฌ 0
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