NEW YORK, Aug. 7, 2018 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, today announced the lists of downgrades from its respective OTCQX® and OTCQB® markets and Caveat Emptor Designations for the month of July.
Downgrades from OTCQX and OTCQB – July 2018
Company |
Symbol |
Original Market |
Downgraded Market |
Reason |
Removal Date |
RESAAS Services, Inc. |
RSASF |
OTCQX International |
OTCQB |
Non-Compliance with OTCQX Rules |
7/13/2018 |
Agritek Holdings, Inc. |
AGTK |
OTCQB |
Pink Curent |
Non-Compliance with OTCQB Standards |
7/2/2018 |
Airborne Wireless |
ABWN |
OTCQB |
Pink Curent |
Non-Compliance with OTCQB Standards |
7/18/2018 |
China United Insurance |
CUII |
OTCQB |
Pink No Information |
Filing Delinquency |
7/11/2018 |
Foothills Exploration, Inc |
FTXP |
OTCQB |
Pink No Information |
Filing Delinquency |
7/10/2018 |
Innocap, Inc. |
INNO |
OTCQB |
Pink Curent |
Non-Compliance with OTCQB Standards |
7/17/2018 |
Mag One Products Inc. |
MGPRF |
OTCQB |
Pink Curent |
Filing Delinquency |
7/25/2018 |
MetaStat, Inc. |
MTST |
OTCQB |
Pink Curent |
Filed to Cease Reporting |
7/14/2018 |
SunVesta, Inc. |
SVSA |
OTCQB |
Pink Curent |
Filed to Cease Reporting |
7/5/2018 |
Yew Bio-Pharm Group, |
YEWB |
OTCQB |
Pink Curent |
Non-Compliance with OTCQB Standards |
7/24/2018 |
Caveat Emptor – July 2018
Company |
Symbol |
Caveat Emptor Status |
Market Tier |
Date |
AXM Pharma, Inc. |
AXMP |
added |
Grey Market |
7/13/2018 |
Big Time Holdings, Inc. |
BTHI |
added |
Grey Market |
7/5/2018 |
Century Petroleum Corp. |
CYPE |
added |
Grey Market |
7/5/2018 |
Corfacts, Inc. |
CFCC |
added |
Pink No Information |
7/11/2018 |
Day TradeXchange, Inc. |
SYNJ |
added |
Pink No Information |
7/30/2018 |
Empire Global Gaming Inc |
EPGG |
added |
Pink No Information |
7/17/2018 |
Magplane Technology, Inc. |
MAGP |
added |
Pink No Information |
7/11/2018 |
Stargaze Entertainment Group Inc. |
STGZ |
removed |
Pink Curent |
7/5/2018 |
Williamsville Sears Management, Inc. |
WSML |
added |
Grey Market |
7/5/2018 |
About OTC Markets Group Issuer Compliance
OTC Markets Group's Washington D.C.-based Issuer Compliance team is responsible for evaluating company compliance with OTCQX and OTCQB qualifications, monitoring stock promotion and other potential public interest concerns, and working to allow issuers to provide adequate current information to the market. Through data driven disclosure processes and market activity analysis, the Issuer Compliance team promotes transparency among the 10,000 U.S. and global securities that trade on the OTCQX® Best Market, the OTCQB® Venture Market, and the Pink® Open Market.
Issuer Compliance is actively engaged in continuous information sharing with FINRA, the SEC, other regulators, and the exchanges.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates the OTCQX® Best Market, the OTCQB® Venture Market and the Pink® Open Market for 10,000 U.S. and global securities. Through OTC Link® ATS and OTC Link ECN, we connect a diverse network of broker-dealers that provide liquidity and execution services. We enable investors to easily trade through the broker of their choice and empower companies to improve the quality of information available for investors.
To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com.
OTC Link ATS and OTC Link ECN are operated by OTC Link LLC, member FINRA/SIPC and SEC regulated ATS.
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Media Contact:
OTC Markets Group Inc., +1 (212) 896-4428, [email protected]
SOURCE OTC Markets Group Inc.
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