NXT-ID,
Inc. (NASDAQ: $NXTD) Receives Letter from NASDAQ Confirming it has Regained
Listing Compliance
WorldVentures to Showcase New Smart Card at NXT-ID Booth.
MELBOURNE, Florida - September 28, 2016
(Investorideas.com Newswire) NXT-ID, Inc. (NASDAQ:NXTD) (NXTDW) ("NXT-ID" or the
"Company"), a company focused on the growing mobile commerce
announces that it has received a letter from NASDAQ dated September 27th
confirming that it has regained compliance with the minimum bid price listing
requirement. The Company has satisfied the terms of the NASDAQ Listing
Qualifications Panel by complying with the minimum bid price requirement of
$1.00 per share under NASDAQ Listing Requirement 5550(a)(2). Accordingly,
NASDAQ has advised that the matter is now closed.
About NXT- ID Inc. - Mobile Security
for a Mobile World
NXT-ID, Inc.'s innovative MobileBio® solution
mitigates consumer risks associated with mobile computing, M-commerce and smart
OS-enabled devices. The company is focused on the growing m-commerce market,
launching its innovative MobileBio suite of biometric solutions that secure
consumers' mobile platforms. With extensive experience in Biometric Identity
Verification, Security and Privacy, Encryption and Data Protection, Payments,
Miniaturization and Sensor technologies, the Company partners with industry
leading companies to provide solutions for modern payment and IoT applications.
Forward-Looking Statements
for NXT-ID:
This press release contains forward-looking statements within the meaning of
the Private Securities Litigation Reform Act of 1995. Forward-looking
statements reflect management's current expectations, as of the date of this
press release, and involve certain risks and uncertainties. Forward-looking
statements include statements herein with respect to the successful execution
of the Company's business strategy. The Company's actual results could differ
materially from those anticipated in these forward-looking statements as a
result of various factors. Such risks and uncertainties include, among other
things, our ability to establish and maintain the proprietary nature of our
technology through the patent process, as well as our ability to possibly
license from others patents and patent applications necessary to develop
products; the availability of financing; the Company's ability to implement its
long range business plan for various applications of its technology; the
Company's ability to enter into agreements with any necessary marketing and/or
distribution partners; the impact of competition, the obtaining and maintenance
of any necessary regulatory clearances applicable to applications of the
Company's technology; and management of growth and other risks and
uncertainties that may be detailed from time to time in the Company's reports
filed with the Securities and Exchange Commission.
NXT- ID Inc Contact:
Media:
D.
Van Zant
+1-800-665-0411
press@nxt-id.com
+1-800-665-0411
press@nxt-id.com
This news is
published on the Investorideas.com Newswire - a global digital news source for
investors and business leaders
Sign up for free news alerts
Disclaimer/
Disclosure: The Investorideas.com newswire is a third party publisher of news
and research as well as creates original content as a news source. Original
content created by investorideas is protected by copyright laws other than
syndication rights. Investorideas is a news source on Google news and
Linkedintoday plus hundreds of syndication partners. Our site does not make
recommendations for purchases or sale of stocks or products. Nothing on our
sites should be construed as an offer or solicitation to buy or sell products
or securities. All investment involves risk and possible loss of investment.
This site is currently compensated by featured companies, news submissions,
content marketing and online advertising. Contact each company directly for
press release questions. Disclosure is posted on each release if required but
otherwise the news was not compensated for and is published for the sole
interest of our readers. Disclosure: As of October 1, 2015 NXT-Id renewed for
one year –five thousand per month and fifteen thousand 144 restricted
shares for PR, media and marketing. http://www.investorideas.com/About/Disclaimer.asp and http://www.investorideas.com/About/News/Clientspecifics.asp
No comments:
Post a Comment