NEW YORK, June 6, 2014 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of Open, Transparent and Connected financial marketplaces, today announced that Mediabistro Inc. (OTCQX: MBIS), a leading producer of 3D printing and Bitcoin trade shows, has been approved to trade on OTCQX®, the best marketplace with qualified companies. Mediabistro previously traded on The NASDAQ Capital Market.
Mediabistro begins trading today on OTCQX under the symbol "MBIS." U.S. investors can find current financial disclosures and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
"We are pleased to welcome Mediabistro to the OTCQX marketplace," said R. Cromwell Coulson, President and CEO of OTC Markets Group. "Trading on OTCQX will allow Mediabistro to maintain a high-quality trading and information experience for its investors without the cost and complexity of a stock exchange listing. We look forward to working with the company as it continues to grow its business on OTCQX."
Wyrick Robbins Yates & Ponton LLP serves as Mediabistro's Designated Advisor for Disclosure ("DAD") on OTCQX, responsible for providing professional guidance on OTCQX requirements and U.S. securities laws.
Mediabistro is a leading producer of 3D printing and Bitcoin trade shows. The company also provides services for social media, traditional media, and creative professionals. Service offerings include an online job board, news and analysis, trade shows and events, online and in-person courses, and research products.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates Open, Transparent and Connected financial marketplaces for 10,000 U.S. and global securities. Through our OTC Link® ATS, we directly link a diverse network of broker-dealers that provide liquidity and execution services for a wide spectrum of securities. We organize these securities into marketplaces to better inform investors of opportunities and risks – OTCQX®, The Best Marketplace; OTCQB®, The Venture Stage Marketplace; and OTC Pink®, The Open Marketplace. Our data-driven platform enables investors to easily trade through the broker of their choice at the best possible price and empowers a broad range of companies to improve the quality and availability of information for their investors. To learn more about how we create better informed and more efficient financial marketplaces, visit www.otcmarkets.com.
OTC Link ATS is operated by OTC Link LLC, member FINRA/SIPC and SEC regulated ATS.
SOURCE OTC Markets Group Inc.