Wytec Comments on Previous Stock Promotional Activity
Wytec (OTC:WYTC) commented on prior stock promotional activity after receiving an OTC Markets Compliance notice on October 14, 2025 that resulted in a Red Flag on its common shares.
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Wytec was founded in 2011 and is the developer of 8 patents related to small cell and gunshot detection, with its latest USPTO patent awards issued in early 2025. Throughout its 14+ year history, Wytec has financed its operations through various debt and equity securities, including two recently issued convertible bridge loans to continue the development of its small cell and gunshot detection technology. All convertible notes issued by the Company since inception, upon conversion, are restricted securities and unable to be sold in the market without a six-month hold and/or an SEC S-1 Registration. Wytec believes these offerings comply with #7 of the OTC Press Release Compliance.
Due to a notice from OTC Markets Compliance on October 14, 2025, Wytec became aware of a potentially concerning stock promotion resulting in a Red Flag being placed on its publicly traded common shares. Though Wytec management was unaware of any promotional activities not in compliance with the OTC Markets Stock Promotion Rules, management believes the communication is not materially false or misleading. Additionally, Wytec is unaware of any management, directors, control persons, controlling shareholders of (
Wytec recognizes that due to the rapid expansion of social media news distribution that there is a public interest concern when trading publicly traded securities and adheres to and agrees with the OTC policy on Stock Promotions.
About Wytec
Wytec International, Inc. is a
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Source: Wytec