Sentry Technology Corporation Announcement Regarding SEC Rule Change
Sentry Technology Corporation (OTC Markets: SKVY) announced that it may not comply with the final amendments to the Exchange Act Rule 15c2-11 by the June 30, 2021 deadline. This non-compliance could result in the company's shares being unavailable for public trading post-deadline. Sentry specializes in Closed Circuit Television (CCTV) solutions, offering products like VideoRailway™ and SmartTrack™. The company disclosed that its financial future could be impacted significantly due to these regulatory changes, posing risks for investors.
- Specializes in innovative CCTV solutions with proprietary technology.
- Offers unique products like VideoRailway™ and SmartTrack™.
- May not meet the SEC's June 30, 2021 filing requirements.
- Shares could be suspended from public trading after the deadline.
Sentry Technology Corporation (OTC Markets: SKVY) announced today recently adopted final amendments to the Exchange Act Rule 15c2-11 requiring various filings and disclosures by June 30, 2021 will impact future trading in the Company’s shares. The Company has determined it may not meet the new filing requirements. Consequently, the Company’s shares may no longer be available for public trading after the June 30, 2021 SEC deadline.
Sentry Technology Corporation designs, manufactures, sells and installs Closed Circuit Television (CCTV) solutions. Our CCTV product line features VideoRailway™ and SmartTrack™, a proprietary, traveling camera technology. More information can be found at www.sentrytechnology.com.
This press release may include information that could constitute forward-looking statements made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. Any such forward-looking statements may involve risk and uncertainties that could cause actual results to differ materially from any future results encompassed within the forward-looking statements. Factors that could cause or contribute to such differences include those matters disclosed in the Company's Securities and Exchange Commission filings.
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