OTC Markets Group Announces Lists of Compliance Downgrades and Caveat Emptor Designations for the Month of February
NEW YORK, March 6, 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 February.
Downgrades from OTCQX and OTCQB – February 2018
| Company |
Symbol |
Original Market |
Downgraded Market |
Reason |
Removal Date |
| Bon-Ton Stores, Inc. (THE) |
BONTQ |
OTCQX U.S. |
Pink Current |
Bankruptcy |
2/6/2018 |
| Asian Development Frontier Inc. |
ADFI |
OTCQB |
Pink Current |
Bid Price Deficiency |
2/21/2018 |
| Australian Mines Ltd. |
AMSLF |
OTCQB |
Grey Market |
FINRA Trading Halt |
2/16/2018 |
| DSG Global Inc |
DSGT |
OTCQB |
Pink Current |
Bid Price Deficiency |
2/20/2018 |
| InterCloud Systems, Inc. |
ICLDW |
OTCQB |
Pink Current |
Bid Price Deficiency |
2/13/2018 |
| Magicstem Group Corp. |
MGGI |
OTCQB |
Pink Current |
Non-Compliance |
2/13/2018 |
| Oranco, Inc. |
ORNC |
OTCQB |
Pink Current |
Non-Compliance |
2/7/2018 |
| RenovaCare, Inc. |
RCAR |
OTCQB |
Pink Current |
Public Interest |
2/23/2018 |
| SolarWindow Technologies, Inc. |
WNDW |
OTCQB |
Pink Current |
Public Interest |
2/23/2018 |
| Uniroyal Global Engineered Products, |
UNIR |
OTCQB |
Pink Current |
Non- |
2/1/2018 |
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 – February 2018
| Company |
Symbol |
Caveat Emptor |
Market Tier |
Date |
| Affirmative Insurance Holdings, Inc. |
AFFMQ |
added |
Grey Market |
2/23/2018 |
| Agora Holdings, Inc. |
AGHI |
removed |
Pink Current |
2/6/2018 |
| Analytica Bio-Energy Corp. |
ABEC |
added |
Pink No |
2/28/2018 |
| Armada Oil, Inc. |
AOILQ |
added |
Grey Market |
2/23/2018 |
| Aziel Corporation |
AZIL |
added |
Pink No |
2/5/2018 |
| Aziel Corporation |
AZIL |
removed |
Pink No |
2/27/2018 |
| Bell Buckle Holdings, Inc. |
BLLB |
added |
Pink No |
2/28/2018 |
| Cherubim Interests, Inc. |
CHIT |
added |
Grey Market |
2/16/2018 |
| China Energy Technology Corp., Ltd. |
CETH |
added |
Grey Market |
2/23/2018 |
| Chuma Holdings, Inc. |
CHUM |
added |
Grey Market |
2/23/2018 |
| Darkstar Ventures Inc |
DAVC |
removed |
Pink Current |
2/22/2018 |
| DirectView Holdings, Inc. |
DIRV |
removed |
Pink Current |
2/6/2018 |
| EnzymeBioSystems |
ENZB |
added |
Grey Market |
2/20/2018 |
| NexGen Mining, Inc. |
NXGM |
removed |
Pink Current |
2/5/2018 |
| PDX Partners, Inc. |
PDXP |
added |
Grey Market |
2/16/2018 |
| RenovaCare, Inc. |
RCAR |
added |
Pink Current |
2/23/2018 |
| SolarWindow Technologies, Inc. |
WNDW |
added |
Pink Current |
2/23/2018 |
| Southwestern Water Exploration Co. |
SWWE |
removed |
Pink Current |
2/2/2018 |
| Victura Construction Group, Inc. |
VICT |
added |
Grey Market |
2/16/2018 |
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, 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.
Subscribe to the OTC Markets RSS Feed
Media Contact:
OTC Markets Group Inc., +1 (212) 896-4428, [email protected]
SOURCE OTC Markets Group Inc.
Share this article