Organic To Go Announces the Effectiveness of Deregistration with the SEC and Delisting with the OTCBB
Seattle--(BUSINESS WIRE)--Organic To GoTM (OTCBB: OTGO) announced today that it filed a Form 15 with the Securities and Exchange Commission ("SEC") terminating the registration of its common stock under the Securities Exchange Act of 1934, as amended ("Exchange Act"). The Company anticipates that it will continue future operations as a non-reporting company, thereby relieving it of the costs, administrative burdens and competitive disadvantages associated with operating as an SEC reporting company. In connection with the deregistration process, the Company's common stock will be delisted from the OTCBB. The Company anticipates that its shares of common stock will be traded on the Pink Sheets Electric Quotation Service, but can make no assurances that any broker will make a market in the Company's common stock.
About Organic To Go
Based in Seattle, Organic To Go is the nation's first fast casual café chain to be certified organic by the USDA with locations in Seattle, Los Angeles, San Diego and the Washington, DC metropolitan area. Organic To Go's delicious organic food is currently available in more than 170 locations, including 33 cafés, more than 120 wholesale locations, 15 universities, 9 locations at Los Angeles International Airport and one franchise café scheduled to open soon at the San Diego International Airport. The company's multi-channel business model includes Retail, Corporate Catering and Wholesale operations. Organic To Go's mission is to become the leading branded provider of certified organic and natural, soups, salads, sandwiches, pizzas, entrees and other food products to corporate, university and other institutional customers in selected urban areas nationwide. All Organic To Go fare is always natural, free of harmful chemicals and created with care.
This press release includes statements that may constitute "forward-looking" statements. Forward-looking statements include statements that may predict, forecast, indicate, or imply future results, performance or achievements, and may contain the words "estimate," "project," "intend," "forecast," "anticipate," "plan," "planning," "expect," "believe," "will," "will likely," "should," "could," "would," "may" or words or expressions of similar meaning. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, acceptance of the company's current and future products and services in the marketplace, the ability of the company to develop effective new products and receive regulatory approvals of such products, competitive factors, dependence upon third-party vendors, and other risks detailed in the company's periodic report filings with the SEC. By making these forward-looking statements, the company undertakes no obligation to update these statements for revisions or changes after the date of this release.