LAS VEGAS, NV, July 1, 2013 – (eTeligis via ACCESSWIRE) -- Mission Mining Company (OTC Pink: MISM)
While Mission Mining Company has intended to become a fully-reporting company for months, the Company has decided to do so without diluting its current, loyal shareholder base. Instead of filing a registration statement on Form S-1, with the intent of selling registered shares of the Company's common stock, the Company has decided that it would be in the best interest of the Company's shareholders if the Company voluntarily made itself subject to full reporting under the Securities Exchange Act of 1934, as amended, without the dilutive effect inherent in a registered securities offering. The Company hopes that the voluntary submission to the transparency required of a fully-reporting company, without the conjoined dilution of a Form S-1 registration statement, will materially increase shareholder value.
In order to complete such Form 10 registration statement, the Company is required to provide audited financial statements. In furtherance thereof, the Company is pleased to announce that our independent auditor is nearing completion of the audit of the Company's financial statements, as required to file a Form 10 and become a fully-reporting issuer.
This release may contain "forward-looking statements," within the meaning of Section 27A of the Securities Act of 1933, as amended, and of Section 21E of the Securities Exchange Act of 1934, as amended, and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief, or current expectations of Mission Mining Company and members of its management, as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-looking statements include fluctuation of operating results, the ability to compete successfully in its market segment, and the ability to complete some or all of the before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events, or changes to future operating results.
Carlton Wingett CEO
SOURCE Mission Mining Company