TX Holdings Responds to Enquiries Regarding Investors’ Stocks Trading

Rhea-AI Summary

TX Holdings, Inc. (OTC Markets PINK: TXHG) reassures stockholders amid concerns over stock trading interruptions. CEO Mr. Shrewsbury emphasizes their commitment to resolving issues with stockbrokers who halted trading for unexplained reasons. The company has successfully met OTC Markets' compliance requirements, having published its financials for September 30, 2020. TX Holdings is currently preparing its fiscal year-end financial report for September 30, 2021, which will be released shortly.

Positive

• Successfully met OTC Markets' compliance requirements.
• Published financials for September 30, 2020.

Negative

• Some stockbrokers have halted trading TXHG stocks without explanation.

ASHLAND, Ky., Oct. 14, 2021 (GLOBE NEWSWIRE) -- TX Holdings, Inc. (OTC Markets PINK: TXHG), a supplier of mining and rail products to the U.S. coal mining industry.

Mr. Shrewsbury, the company’s CEO and Chairman, stated that:

“The Company has received several enquiries regarding the trading of the Company’s stocks. We want to reassure our stockholders that although a couple of stockbrokers, for unknown reasons to us, have stopped trading our stocks, we will do our utmost to have this issue resolved before the current year annual report is released. We want everyone who wants to buy or sell our stock to have the opportunity to do so with ALL brokers.”

TX Holding has endeavor to become compliant with OTC Markets’ requirements and, has successfully met their requirements, having published the September 30, 2020 financials and updating the Company’s data sheet (The information can be seen by going to OTC Markets’ web page).

The Company is presently preparing our financial statements for the current fiscal year ended September 30, 2021 and, we anticipate issuing the report in the coming weeks.

FAQ

What is the latest news about TX Holdings, Inc. (TXHG)?

TX Holdings announced that it is addressing stock trading interruptions caused by some brokers halting transactions.

When will TX Holdings release its financial statements for the fiscal year ended September 30, 2021?

TX Holdings anticipates issuing its financial report in the coming weeks.

Has TX Holdings complied with OTC Markets' requirements?

Yes, TX Holdings has successfully met the OTC Markets' compliance requirements.

Why have some stockbrokers stopped trading TXHG stocks?

The reason for some brokers halting trading of TXHG stocks is currently unknown to the company.