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EX-99.1 - PRESS RELEASE. - ALR TECHNOLOGIES INC. | alrt8k011916ex99_1.htm |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_________________________
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported)
January 18, 2016 (December 28, 2015)
ALR TECHNOLOGIES INC.
(Exact name of registrant as specified in its charter)
NEVADA
(State or other jurisdiction of incorporation)
000-30414
(Commission File No.)
7400 Beaufont Springs Drive
Suite 300
Richmond, Virginia 23225
(Address of principal executive offices) (Zip Code)
(804) 554-3500
(Registrant's telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
[ ] | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |
[ ] | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |
[ ] | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |
[ ] | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
ITEM 7.01 | REGULATION FD DISCLOSURE. |
On January 15, 2016, the Company announced that it has not been successful in finding follow on financing and accordingly will reduce its operating budget by reducing its US based sales and marketing program and diabetes care facilitation workforce until such time it can find additional financing.
ITEM 8.01 | OTHER EVENTS |
On December 28, 2015, the Company was notified by OTC Markets Group that it did not cure its bid price deficiency in the time provided. The Company’s stock listing was moved from the OTCQB to OTC Pink Current Information on December 29, 2015. To meet the standards of the OTCQB, a Company must have a minimum closing bid price of $0.01 per share on at least one of the prior thirty consecutive calendar days.
ITEM 9.01 | EXHIBITS AND FINANCIAL STATEMENTS. |
Exhibit | Document Description | |
99.1 | Press Release. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated this 19 day of January, 2016.
ALR TECHNOLOGIES INC. | ||
BY: | SIDNEY CHAN | |
Sidney Chan | ||
Chief Executive Officer and Chairman of the Board of Directors |