Budget Waste Inc. announced that it is in the process of preparing all necessary information so its market maker can file an updated Form 211 with the NASD. The Company’s auditors are presently working to complete an audit of all entities in the consolidated group. As soon as the audit is completed, the Company will be filing a Form 10-SB with the U.S. Securities and Exchange Commission so that the Company will become a “reporting company” and thereafter eligible for listing on the Over the Counter Bulletin Board.
Jim Can, BWI’s President and CEO, stated, “These steps are part or our ultimate objective of moving from the Pink Sheets to one of the larger, regulated markets, such as NASDAQ or AMEX. Given our pace of growth, we believe that listing on a larger, more recognized market will make our company more attractive to institutional investors.”
