Organic To Go to deregister stock with SEC and delist from OTCBB

Posted on: Mon, 23 Mar 2009 06:44:00 EDT


Symbols: OTGO
Mar 23, 2009 (M2 EQUITYBITES via COMTEX) --
OTGO | Quote | Chart | News | PowerRating -- Organic To Go (OTCBB: OTGO), a casual cafe chain certified organic by
the USDA, announced on Friday (20 March) that the company has 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.

The company said that it expects to 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.
A
Organic To Go said that shares of its common stock are expected to be
traded on the Pink Sheets Electric Quotation Service.

Comments on this story may be sent to admin@m2.com

For full details on (OTGO) OTGO. (OTGO) has Short Term PowerRatings at TradingMarkets. Details on (OTGO) Short Term PowerRatings is available at This Link.

UPCOMING EVENTS
Learn new strategies, how to trade in this market, and the stocks you should be focusing on each day. Join us for our free 20 minute tele-seminars during the week.
* Attendance is strictly limited and are filled on a first-come, first-served basis.