GWTI’s Stock Converted from Trading on OTCQB to Pink Sheet Trading
ARLINGTON, Texas, July 26, 2024 (GLOBE NEWSWIRE) — Greenway Technologies, Inc. (OTC: GWTI), (“Greenway”), is an advanced gas-to-liquids (“GTL”) and gas-to-hydrogen (“GTH”) technology development company. GWTI’s stock has always been traded on on the OTC Market’s OTCQB, which provides orderly and efficient stock trading. Due to the fact that SEC filings for the 2023 Form 10-K and the Form 10-Q for the quarter ended March 31, 2024 were not timely filed, based on Financial Industry Regulatory Authority (“FINRA”) rules, the stock could not continue to be traded on the OTCQB. The only trading option is now pink sheet trading and most brokers do not allow trading on this platform. Greenway has now filed the 2023 Form 10-K with the SEC and expects to file the Form 10-Q for the quarter ended March 31, 2024 next week. After that filing is submitted to the SEC, Greenway must submit Rule 15c2-11 Exemption Request Form to FINRA. After that form is accepted by FINRA, Greenway can resume trading on the OTCQB.