QualityStocks would like to highlight Worldwide Energy and Manufacturing USA, Inc. (OTCBB: WEMU). The company is a 14-year-old engineering-oriented firm specializing in PV panel, mechanical, electronics and fiber optic products manufacturing. The company's worldwide customer base includes the industries of solar energy, wireless telecommunications, aerospace, automobiles and medical equipment.
In the company’s news yesterday,
Worldwide Energy and Manufacturing USA, Inc., a U.S.-based China manufacturer focused on manufacturing and distributing solar modules in the commercial sector, this morning announced that it has applied to have its common stock listed on the NASDAQ Capital Market.
CEO Jimmy Wang commented, “We have worked very hard over the last four years to put our company in a position to qualify for a NASDAQ listing. Our contract manufacturing division and our solar division are experiencing double- and triple-digit earnings and revenue growth, respectively. We have spent considerable time meeting with officials at the NASDAQ over the last 12 months, and we strongly believe this is the right time to take this significant step and apply for a listing on the NASDAQ.”
He added, “We also believe that a listing on NASDAQ will make it less difficult for retail brokers to build long-term positions in our stock and thus will contribute to producing more liquidity in the stock.”
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Forward-Looking Statement:
This release may contain 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. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.
