OTC Markets Group Announces Lists of Compliance Downgrades and Caveat Emptor Designations for the Month of April
NEW YORK, May 4, 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 April.
| Downgrades from OTCQX and OTCQB – April 2018 |
|||||
| Company |
Symbol |
Original Market |
Downgraded Market |
Reason |
Removal Date |
| Avita Medical Ltd. |
AVMXF |
OTCQX International |
Pink Curent |
Bid Price Deficiency |
4/18/2018 |
| Living Cell Technologies Ltd. |
LVCLF |
OTCQX International |
Pink Curent |
Bid Price Deficiency |
4/18/2018 |
| Nighthawk Energy plc |
NHEGY |
OTCQX International |
OTCQB |
Market Cap Deficiency |
4/16/2018 |
| Nighthawk Energy plc |
NHEGF |
OTCQX International |
Pink Curent |
Market Cap Deficiency |
4/16/2018 |
| White Energy Company Ltd. |
WECFF |
OTCQX International |
Pink Curent |
Bid Price Deficiency |
4/18/2018 |
| Aladdin Intl Inc. |
ALAD |
OTCQB |
Pink Curent |
Non-Compliance with OTCQB Standards |
4/19/2018 |
| AppSoft Technologies, Inc. |
ASFT |
OTCQB |
Pink Curent |
Non-Compliance with OTCQB Standards |
4/3/2018 |
| Applied Energetics, Inc. |
AERG |
OTCQB |
Pink Curent |
Non-Compliance with OTCQB Standards |
4/5/2018 |
| Applied Energetics, Inc. |
AERGP |
OTCQB |
Pink Curent |
Non-Compliance with OTCQB Standards |
4/5/2018 |
| Box Ships Inc. |
TEUFF |
OTCQB |
Pink Curent |
Filed to Cease Reporting |
4/26/2018 |
| Box Ships Inc. |
TEUCF |
OTCQB |
Pink Curent |
Filed to Cease Reporting |
4/26/2018 |
| Corix Bioscience, Inc. |
CXBS |
OTCQB |
Pink Curent |
SEC Suspension |
4/13/2018 |
| El Capitan Precious Metals, Inc. |
ECPN |
OTCQB |
Pink No Information |
Filing Delinquency |
4/4/2018 |
| Green 2 Blue Energy Corp. |
GTGEF |
OTCQB |
Pink Curent |
Public Interest Concern |
4/17/2018 |
| Inbit Corp. |
INBTD |
OTCQB |
Grey Market |
Bid Price Deficiency |
4/17/2018 |
| Independence Energy Corp. |
IDNG |
OTCQB |
Pink Curent |
Bid Price Deficiency |
4/4/2018 |
| Isodiol International Inc. |
ISOLF |
OTCQB |
Grey Market |
FINRA Trading Halt |
4/17/2018 |
| MMEX Resources Corporation |
MMEX |
OTCQB |
Pink Curent |
Bid Price Deficiency |
4/10/2018 |
| Medizone International, Inc. |
MZEI |
OTCQB |
Pink Curent |
Bankruptcy |
4/24/2018 |
| Net Medical Xpress Solutions, Inc. |
NMXS |
OTCQB |
Pink Curent |
Filed to Cease Reporting |
4/2/2018 |
| Novicius Corp |
NVSIF |
OTCQB |
Grey Market |
FINRA Trading Halt |
4/5/2018 |
| NuZee, Inc. |
NUZE |
OTCQB |
Pink No Information |
Filing Delinquency |
4/4/2018 |
| Paragon Shipping, Inc. |
PRGNF |
OTCQB |
Pink Curent |
Filed to Cease Reporting |
4/26/2018 |
| Probility Media Corp. |
PBYA |
OTCQB |
Pink No Information |
Filing Delinquency |
4/3/2018 |
| RealBiz Media Group Inc. |
RBIZ |
OTCQB |
Pink Limited |
Bid Price Deficiency |
4/10/2018 |
| Sauer Energy, Inc. |
SENY |
OTCQB |
Pink Curent |
Bid Price Deficiency |
4/3/2018 |
| Star Wealth Group Inc. |
SWGI |
OTCQB |
Pink No Information |
Filing Delinquency |
4/4/2018 |
| Taxus Pharmaceuticals Holdings Inc. |
TXSP |
OTCQB |
Pink No Information |
Filing Delinquency |
4/4/2018 |
| Tower One Wireless Corp |
TOWTF |
OTCQB |
Pink Curent |
Public Interest Concern |
4/5/2018 |
| Zenergy Brands, Inc. |
ZNGY |
OTCQB |
Pink Curent |
Bid Price Deficiency |
4/19/2018 |
| mCig, Inc. |
MCIG |
OTCQB |
Pink Limited |
Non-Compliance with OTCQB Standards |
4/3/2018 |
In addition to downgrades, OTC Markets Group designates certain securities as "Caveat Emptor" by placing a skull and crossbones icon next to the stock symbol on the otcmarkets.com website. The Caveat Emptor designation is intended to inform investors that there may be a public interest concern related to the security and that investors should exercise additional care and perform thorough due diligence before making an investment decision. The Caveat Emptor icon is publicly displayed on the www.otcmarkets.com website and is distributed on market data feeds.
| Caveat Emptor – April 2018 |
||||
| Company |
Symbol |
Caveat Emptor |
Market Tier |
Date |
| Ajia Innogroup Holdings Limited |
AJIA |
removed |
Pink Curent |
4/10/2018 |
| BlackPoll Fleet International, Inc. |
BPOL |
added |
Grey Market |
4/30/2018 |
| Chinawe.com, Inc. |
CHWE |
removed |
Pink Curent |
4/10/2018 |
| Corix Bioscience, Inc. |
CXBS |
added |
Grey Market |
4/13/2018 |
| Dezina Marketing, Inc. |
DZNA |
added |
Grey Market |
4/9/2018 |
| Enzolytics Inc. |
ENZC |
added |
Pink Limited |
4/6/2018 |
| FORTECX Inc. |
FTCX |
removed |
Pink Curent |
4/24/2018 |
| First Xeris Corporation |
FXER |
added |
Grey Market |
4/9/2018 |
| Green 2 Blue Energy Corp. |
GTGEF |
added |
Pink Curent |
4/17/2018 |
| IBITX Software Inc. |
IBXS |
added |
Grey Market |
4/17/2018 |
| Jericho Oil Corp |
JROOF |
removed |
Pink Curent |
4/18/2018 |
| Lollipop Corp |
LOLI |
added |
Grey Market |
4/9/2018 |
| Luminar Media Group, Inc. |
LRGR |
added |
Pink Limited |
4/27/2018 |
| Mega Win Investments, Inc. |
MWII |
removed |
Pink No |
4/19/2018 |
| MicroChannel Technologies Corp. |
MCTC |
removed |
Pink Curent |
4/4/2018 |
| MyContactCard, Inc. |
MYCT |
added |
Grey Market |
4/9/2018 |
| Nu Star Holdings, Inc. |
NSHJ |
added |
Grey Market |
4/9/2018 |
| Nuquest, Inc. |
NQST |
added |
Grey Market |
4/9/2018 |
| PharmaConnect, Inc. |
MDIS |
added |
Grey Market |
4/9/2018 |
| Relm Holdings, Inc. |
RELM |
added |
Grey Market |
4/9/2018 |
| Resource Finance & Investment Ltd. |
RFIVF |
added |
Grey Market |
4/9/2018 |
| Saudi American Holdings Corp. |
SAHN |
added |
Grey Market |
4/9/2018 |
| Social Cube Inc. |
SOCC |
added |
Grey Market |
4/9/2018 |
| Tanke, Inc. |
TNKE |
added |
Pink No |
4/18/2018 |
| Tech Power, Inc. |
TCPW |
added |
Grey Market |
4/9/2018 |
| Telidyne Inc. |
TLDN |
added |
Pink No |
4/6/2018 |
| U.S. Personnel, Inc. |
USPE |
added |
Grey Market |
4/9/2018 |
| Yutudao Marine Biotechnology Inc. |
XCAN |
added |
Pink No |
4/6/2018 |
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 marketplace. 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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