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Diamant Art Corporation Quashes Internet Rumours Dec 8, 2005 1:36:00 PM Copyright Business Wire 2005 TORONTO--(BUSINESS WIRE)--Dec. 8, 2005--
Diamant Art Corporation (OTCBB:DIAAF) wishes to respond to rumors which apparently have arisen on the INTERNET BULLETIN BOARDS. Diamant Art Corporation wishes to confirm that it is up to date and current with all of its regulatory filings with the Securities and Exchange Commission which can be viewed on EDGAR and meets NASDAQ/NASD requirements. There is currently no administrative order issued by any regulatory or taxing authority with jurisdiction over the Corporation. The Corporation is currently in discussions with the Ontario Corporations Financial Branch with respect to annual filing requirements which Management believes will result in no administrative action being taken by that authority as the Corporation will comply with any final decisions of the Ontario Corporations Financial Branch. The Corporation has been assured by the Ontario Corporations Branch that its current status is active and that no action will be taken by the Ontario Corporations Tax Branch for at least sixty (60) days pending the discussions.
As a final word the corporation would like to remind shareholders and general public to verify with the proper regulators and Government agencies as to the accuracy of RUMOURS. The corporation wishes to thank its shareholders for their continued support.
About Diamant Art Corporation
Diamant Art Corporation, through its wholly owned subsidiary Diamant Film Inc., has secured the exclusive marketing and distribution rights in the United States, Territory of the People's Republic of China, Canada, Mexico, Bahamas and recently Korea to Diamant(TM) film, a non-PVC food stretch film.
Diamant(TM) film is the world's first plasticizer-free stretch film based on polystyrene and the first food wrap film that is environmentally friendly and recyclable. Diamant(TM) film has recently received the ECO logo certified by the Environmental Choice Program. The Environmental Choice Program is North America's leading benchmark of environmentally responsible products and services. Diamant(TM) film has successfully met the criteria for both the environmental and performance standards.
BIO-PLASTICS INC. division a wholly owned subsidiary of Diamant Art Corporation was formed to develop and acquire new products and technologies for the manufacturing of totally Bio-Degradable products.
Safe Harbor
This media release may contain forward-looking statements regarding but not limited to management, market potential, distributor success, market size, international sales, marketing, future events and performance of the Company which involve risks and uncertainties that could materially affect actual results. Investors should refer to documents that the Company intends to file with the SEC for a description of certain factors that could cause actual results to vary from current expectations and the forward-looking statements contained in this media release.
For further information, please contact Stefan Gudmundsson, CEO and President of Diamant Film Inc., at (905) 752-0220, or visit our website at www.diamantfilm.com.
Diamant Art Corporation (OTC Bulletin Board:DIAAF)
Source: Diamant Art Corporation
---------------------------------------------- Diamant Film Inc. Stefan Gudmundsson CEO and President (905) 752-0220 http://www.diamantfilm.com
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It's all in the timing... Posts: 4303 | From: DSA | Registered: Dec 2003
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