Toron, Inc. Provides Corporate Update
MIAMI, Feb. 12, 2018 /PRNewswire/ -- Toron, Inc. (OTC Pink: TRON) provided its stockholders today with a corporate update.
Toron, Inc.'s President Rene Ortiz Morentin announces that the Depository Trust & Clearing Corporation (DTCC) approved Toron common stock for DWAC and FAST electronic delivery access. "We have cleared another hurdle in transforming Toron into a growing and thriving company as we prepare to expand our business horizons."
UPDATE ON INMED GROUP, INC. ACQUISITION
On 29 January 2018, Toron and InMed Group executed an Amendment to the Letter of Intent. "Both InMed's management team and we are working extremely hard and diligently to finalize the financing and acquisition," stated Mr. Ortiz Morentin. "A transaction of this type with multiple operating subsidiaries is complex and must be done carefully to avoid problems in the future. InMed's management is committed to providing us with all the material required to close this transaction," further stated Mr. Ortiz Morentin.
Statements in this press release that are not historical fact may be deemed forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Although Toron, Inc. believes the expectations reflected in any forward-looking statements are based on reasonable assumptions, Toron, Inc. is unable to give any assurance that its expectations will be attained. Factors that could cause actual results to differ materially from expectations include the company's ability to meet the conditions necessary to, among other matters, obtain a public listing on a major national exchange.
SOURCE Toron, Inc.Back to top