NEW YORK, Oct. 12, 2016 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, today announced Poydras Gaming Finance Corp. (TSX-V: PYD; OTCQX: PYDGF), a regional slot route operator in Oklahoma and Texas, has qualified to trade on the OTCQX® Best Market. Poydras upgraded to OTCQX from the Pink® market.
Poydras begins trading today on OTCQX under the symbol "PYDGF." U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
"We are pleased to welcome Poydras to our family of established, investor-focused OTCQX companies," said Jason Paltrowitz, Executive Vice President of OTC Markets Group. "Upgrading from the Pink market to trade on OTCQX will allow Poydras to provide a high-quality and transparent public trading market for its investors as it focuses on growing its business for the future."
"With our operations in the United States, we believe that trading there is a natural fit and that upgrading to OTCQX will further broaden our shareholder base with increased ease of access to our shares for U.S. based investors," said Peter Macy, CEO of Poydras. "We are pleased to have our Company's shares qualify to trade on OTCQX, and as we embark upon our next stage of growth I look forward to increased outreach to U.S. based investors."
McMillan LLP serves as Poydras' OTCQX Advisor, responsible for providing professional guidance on OTCQX requirements.
Poydras is a regional slot route operator with approximately 2,500 revenue-generating gaming machines across Oklahoma and Texas. The company provides slot machines and related capital expenditures under short- and long-term contracts for existing casinos, new casino developments and gaming machine suppliers in the United States.
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, 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 is operated by OTC Link LLC, member FINRA/SIPC and SEC regulated ATS.
OTC Markets Group Inc., +1 (212) 896-4428, firstname.lastname@example.org
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SOURCE OTC Markets Group Inc.