GENEVA--(BUSINESS WIRE)-- CalciTech Ltd. (OTCBB: CLKTF) announces today that due to the non-filing of the Company’s Form 20-F for the year ended December 31, 2013 by the April 30, 2014 deadline, its shares are now trading on the Pink Sheets sector of the OTC Market.
The Company reports that the delay in filing is a result of the audit for the year not having been completed in a timely fashion while the Company continues to negotiate the funding for its first plant in Piesteritz, Germany.
The directors of the Company take responsibility for this announcement.
Forward Looking Comments: The statements contained in this release that are not historical facts are forward-looking statements based on management's current expectations and beliefs concerning future developments and their potential effects on the Company. There can be no assurance that future developments affecting the Company will be those anticipated by management. Actual results may differ from those projected in the forward-looking statements. These forward-looking statements involve risks and uncertainties. Readers should refer to the risks disclosures in the company's public filings with the Securities and Exchange Commission (www.edgar.sec.gov) or on the Company’s website.