DGAP-News: Next Alternative Inc. / Key word(s): Miscellaneous Next Alternative Inc.: NEXT ALTERNATIVE NAVIGATES HURDLES AFTER FRANKFURT STOCK EXCHANGE ALTERS COURSE 18.05.2012 / 07:00
---------------------------------------------------------------------
NEXT ALTERNATIVE NAVIGATES HURDLES AFTER FRANKFURT STOCK EXCHANGE ALTERS COURSE (Ottawa, Ontario) Robert Ireland, CEO of Next Alternative, Inc. (NAI)(N4H-Xetra), was recently featured in a New York Times article in regard to an unfortunate string of events that lead to many start-up companies being excluded from the Deutsche Börse Exchange. While NAI is not one of the companies that was ultimately delisted, it did find itself scrambling to regain its composure and satisfy the new, stricter regulations set forth by the exchange. The bourse's First Quotation Board was a section which allowed companies to tap into capital from investors without the higher costs or strict disclosure requirements of the main exchange. Sadly, these lenient guidelines proved to be a playground for dubious activity. Some companies were duped into giving up stakes and investors were manipulated into purchasing shares that dropped quickly and drastically in value. According to the NY Times article, the exchange has since chosen to close the First Quotation Board by December 2012 and the remaining 448 companies listed there will now have to fulfill higher requirements to be included in its Entry Standard Section. Next Alternative has already been working with a verified Deutsche Börse Listing Partner who is advising the company on essential developments within the capital markets, disclosure requirements and all other details which will ensure that NAI is in total compliance with the new, stricter criteria. According to Ireland, 'It's a shame that a few bad apples have so negatively impacted the European capital market atmosphere - some to the degree of wiping out businesses entirely. He continued by saying, 'It's a huge hassle, but in the end, the more stringent rules will certainly benefit those companies on the up and up. NAI looks forward to reviving our momentum.' Next Alternative Inc. is a break-through company paving the way in the global effort to discover alternative means of energy. Understanding the need to reduce the demand for fossil fuels, Next Alternative is pioneering new methods that provide eco-friendly solutions. Poised on the cutting-edge of new green technologies, Next Alternative strives to develop and offer products that meet the challenges of our new economy. Next Alternative stands as an innovator - bringing existing technologies together and melding them to meet future demand. For more information on Next Alternative please visit next-alternative.com or call 613.755.4023. # # # End of Corporate News
---------------------------------------------------------------------
18.05.2012 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------
170469 18.05.2012
---------------------------------------------------------------------
NEXT ALTERNATIVE NAVIGATES HURDLES AFTER FRANKFURT STOCK EXCHANGE ALTERS COURSE (Ottawa, Ontario) Robert Ireland, CEO of Next Alternative, Inc. (NAI)(N4H-Xetra), was recently featured in a New York Times article in regard to an unfortunate string of events that lead to many start-up companies being excluded from the Deutsche Börse Exchange. While NAI is not one of the companies that was ultimately delisted, it did find itself scrambling to regain its composure and satisfy the new, stricter regulations set forth by the exchange. The bourse's First Quotation Board was a section which allowed companies to tap into capital from investors without the higher costs or strict disclosure requirements of the main exchange. Sadly, these lenient guidelines proved to be a playground for dubious activity. Some companies were duped into giving up stakes and investors were manipulated into purchasing shares that dropped quickly and drastically in value. According to the NY Times article, the exchange has since chosen to close the First Quotation Board by December 2012 and the remaining 448 companies listed there will now have to fulfill higher requirements to be included in its Entry Standard Section. Next Alternative has already been working with a verified Deutsche Börse Listing Partner who is advising the company on essential developments within the capital markets, disclosure requirements and all other details which will ensure that NAI is in total compliance with the new, stricter criteria. According to Ireland, 'It's a shame that a few bad apples have so negatively impacted the European capital market atmosphere - some to the degree of wiping out businesses entirely. He continued by saying, 'It's a huge hassle, but in the end, the more stringent rules will certainly benefit those companies on the up and up. NAI looks forward to reviving our momentum.' Next Alternative Inc. is a break-through company paving the way in the global effort to discover alternative means of energy. Understanding the need to reduce the demand for fossil fuels, Next Alternative is pioneering new methods that provide eco-friendly solutions. Poised on the cutting-edge of new green technologies, Next Alternative strives to develop and offer products that meet the challenges of our new economy. Next Alternative stands as an innovator - bringing existing technologies together and melding them to meet future demand. For more information on Next Alternative please visit next-alternative.com or call 613.755.4023. # # # End of Corporate News
---------------------------------------------------------------------
18.05.2012 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------
170469 18.05.2012
