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Article: Oak Ridge Micro-Energy Inc. Responds to Incorrect Financial Wire Release.
- Article from:
- Business Wire
- Article date:
- September 30, 2004
CopyrightCOPYRIGHT 2004 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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OAK RIDGE, Tenn. -- Oak Ridge Micro-Energy Inc. (OTCBB: OKME), a provider of micro thin-film energy sources, today responded to an inaccurate press release from Financial Wire. "In a press release yesterday, Oak Ridge Micro-Energy announced that Spelman Research had initiated coverage of it's stock, and that they (Spelman) had been 'engaged' by the company." Further, the company's press release of Sept. 29 also included a link to the research report, which clearly stated, "we (Spelman) received a fee of $19,500 from the Company for one year's coverage." Stated Mark Meriwether, Oak Ridge Micro-Energy president and CEO, "We have no idea what would prompt a company such as ...