Homeland Security Corporation Upgraded from Pink No Information

Rhea-AI Summary

Homeland Security Corporation (HSCC) has achieved an upgrade from Pink No Information to Pink Limited Information status as of August 31, 2021. This upgrade, a result of the company’s change in control and the recent release of financial disclosures, is intended to enhance transparency for shareholders. CEO James Werner emphasized the significance of this milestone in fostering informed investment decisions. The company specializes in security solutions, including video surveillance and intrusion detection, catering to governmental and commercial clients.

Positive

• Upgrade from Pink No Information to Pink Limited Information enhances transparency for shareholders.
• Public release of financial disclosures may attract potential investors.

Negative

• None.

Carson City, NV, Aug. 31, 2021 (GLOBE NEWSWIRE) -- Homeland Security Corporation (PINKSHEETS: HSCC) has been upgraded from Pink No Information to Pink Limited Information effective Aug. 31. The upgrade follows Homeland’s change of control in June and the public release of disclosures and financial statements in July and August.

“We are proud to announce our upgrade to Limited Information status,” said James Werner, Chief Executive Officer of Homeland Security Corporation. “This is a foundational milestone to providing our shareholders the transparency necessary to make informed investment decisions. Additionally, the upgrade will maintain our public market as consistent with amendments to Exchange Act Rule 15c2-11.”

About Homeland Security Corporation:

Homeland Security Corporation is a surveillance company delivering security solutions to government, commercial, and enthusiast class customers. We focus on enriching our operations through long-term partnerships with peer companies by providing consulting, licensing, and contracting services. Our areas of expertise include video surveillance, covert surveillance, counter surveillance, intrusion detection, fire detection, server and storage solutions, and the automation of residences and commercial buildings.

Forward-Looking Statements:

Included in this release are certain "forward-looking" statements, involving risks and uncertainties, which are covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, along with statements regarding Homeland's performance. Such statements are based on management's current expectations and are subject to certain factors, risks and uncertainties that may cause actual results, events, and performance to differ materially from those anticipated.

OTCMarkets Company Profile:

https://www.otcmarkets.com/stock/HSCC/profile

FAQ

What does the upgrade to Pink Limited Information mean for HSCC?

The upgrade indicates improved transparency for shareholders and compliance with Exchange Act Rule 15c2-11.

When was HSCC upgraded to Pink Limited Information?

HSCC was upgraded on August 31, 2021.

Why was HSCC upgraded to Pink Limited Information?

The upgrade followed a change in control and the release of financial statements in July and August 2021.

What services does Homeland Security Corporation provide?

HSCC offers security solutions like video surveillance, intrusion detection, and consulting services to government and commercial clients.