Boston, Massachusetts, March 2, 2021 – — Human Unitec International Inc., (OTC Pink: HMNU) (“Human Unitec” or the “Company”) is pleased to announce that as of February 26th, 2021, our common shares are now eligible for settlements through the Depository Trust Company (“DTC”), a subsidiary of the Depository Trust & Clearing Corp. that manages the electronic clearing and settlement of publicly-traded companies in the United States.
Human Unitec’s common shares are now fully DTC eligible and will continue to trade in the United States under the ticker symbol “HMNU”. Through an electronic method of clearing securities, DTC eligibility reduces costs and accelerates the settlement process for investors and brokers allowing the Company’s common shares to be traded over a much wider selection of brokerage firms by coming into compliance with their requirements.
Human Unitec’s President & CEO, Fabrizio Bosticco, commented, “We want to assure our U.S. investors that we will strive to make it seamless to invest in our company. Now that our shares are fully DTC eligible, this helps the process of electronically clearing securities and reduces the costs and timeliness of the settlement process for investors and brokers. This will broaden our reach, and make it as smooth as possible for investors across North America to join us on our journey.”
On February 26, 2021, the OTC Markets upgraded our OTC Market Status to OTC Market PINK and Current with our regulatory and financial filings, including our Attorney Letter from our SEC Compliance Counsel, Matthew McMurdo, Esquire, NYC, NY.
The Company is also pleased to announce that, in the peak of the current global pandemic, on November 25, 2020 the first 10 ton tire recycling plant has been delivered to Sedda Green Energy, the plant implemented and is prepared for full operation. As previously announced HMNU own 50% of the capital shares of Sedda Green Energy and the operation of the plant will generate to the Company over $600.000,00 USD in revenue per annum.
This document contains certain forward-looking statements with respect to the financial condition, results of operations and business of Human Unitec International Inc., (HMNU), a startup company, and certain of the plans and objectives of HMNU with respect to these items. Examples of forward-looking statements include statements made about our strategy, estimates of sales growth, future EBITA and future developments in our organic business. Forward-looking statements can be identified generally as those containing words such as “anticipates”, “assumes”, “believes”, “estimates”, “expects”, “should”, “will”, “will likely result”, “forecast”, “outlook”, “projects”, “may” or similar expressions. By their nature, forward-looking statements involve risk and uncertainty because they relate to future events and circumstances and there are many factors that could cause actual results and developments to differ materially from those expressed or implied by these forward-looking statements.
These factors include, but are not limited to, domestic and global economic and business conditions, the successful implementation of our strategy and our ability to realize the benefits of this strategy, our ability to develop and market new products, changes in legislation, legal claims, changes in exchange and interest rates, changes in tax rates, pension costs and actuarial assumptions, raw materials and employee costs, our ability to identify and complete successful acquisitions and to integrate those acquisitions into our business, our ability to successfully exit certain businesses or restructure our operations, the rate of technological changes, political, economic and other developments in countries where HMNU operates, industry consolidation and competition. As a result, HMNU actual future results may differ materially from the plans, goals and expectations set forth in such forward-looking statements.