House & Home
House and Home
House and Home 
Thu, March 10, 2011
Diamant Art Corporation Clarifies the Purpose for the Caveat Emptor Status and Reinstatement of Diamant's Pink Sheet Status
TORONTO--(Marketwire - March 10, 2011) - Diamant Art Corporation (
Dear Diamant Art Corp.,
OTC Markets Group has become aware of a spam and promotion regarding your security. It is OTC Markets Group policy to block the display of quotations on otcmarkets.com for non-Current issuers and label the company with the Caveat Emptor symbol, for a minimum of 30 days from the last Spam e-mail/fax/text received. After 30 days, the Caveat Emptor can be removed by complying with the fo llowing:
For SEC Filers - After 30 days from the last Spam mail/e-mail/fax/text received, the Caveat Emptor will be removed if the company is current in their filings.
For Non-SEC Filers - After 30 days from the last Spam mail/e-mail/fax/text received, the Caveat Emptor will be removed if the company publishes the following using the OTC Disclosure and News Service:
1. An Initial Company Information and Disclosure Statement, pursuant to Section One of Guidelines for Providing Adequate Current Information
2. An Attorney Letter, pursuant to OTC Markets Guidelines for Attorney Letters with Respect to Adequate Current Information
If you have any questions, feel free to contact us at [ issuers@otcmarkets.com ] or (212) 896-4420.
Thank you,
Issuer Services
In the interest of transparency the Company has elected to share this communication to clarify the situation with full public disclosure. There has been concern among the Company's shareholder base due to the issuance of the caveat tier, which has inadvertently resulted in a temporary loss of shareholder value.
"Seemingly, the Company has been suspected by to have a promotion underway by the Pink Sheets organization due to apparent third party PR information published recently in January 2011. Regarding this, for the record, the Company has no IR/PR program underway and is not aware of any third party acting on behalf of the Company." He continued: "Recent press releases have disclosed legitimate and ongoing corporate activities only, and are not part of any promotion activities. We have officially submitted our completed financials and are committed to remaining fully transparent for the continuity of our shareholder's confidence and the value of their investment," stated Mr. Mati Baumel, President of T & R International.
Diamant Art Corporation had been trading on the Over the Counter Bulletin Board since 1993, The Company was lowered in June of 2009 to PINK SHEET quotation as it was no longer current with SEC (on EDGAR). Consequently, up to that point, the Company had not qualified to file with Pink Sheets as a SEC filer, and upon entering that sector was given the "Limited Information" tier on Pink Sheets.
Therefore, in an effort to bring everything completely current through the proper channels, the Company has now filed a 15 g form and officially deregistered with SEC, and enlisted with Pink Sheets, filed the updated financials, information circular, and legal opinion in an effort to become current as per Pink Sheet policies consequent to this Pink Sheet has returned us to LIMITED INFORMATION and upon review of these documents which should qualify us for current information the Company expects that the tier will be updated imminently to CURRENT INFORMATION. By Pink sheets.
The Company urges investors to visit [ http://www.thinkandreact.com ] to study the Projects, Corporate Reports and any other due diligence they require before investing in the Company's stock. Investors are also cautioned that message boards are not resources of any official corporate information and should not be relied upon as a source of due diligence, but rather are places where opinions, often tainted with a spectrum of agendas, are published.
About Diamant Art Corporation
Diamant Art Corporation is a provider of unparalleled product management and security solutions and technologies designed to help a variety of businesses boost revenue, sales, and operations while increasing their bottom line. The company's products help retail chains, museums, airports, convention centers, hotels, casinos, museums, and department stores increase productivity and performance.
Safe Harbor Act: This release may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 6-K or 20F and other filings made by such company with the SEC. Further Diamant Art Corporation and any of its wholly owned subsidiaries, . do not condone or participate in spam activities, e-mail and fax programs of any manner.