NEW YORK, Jan. 19, 2017 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, today announced Coda Octopus Group, Inc. (OTCQX: CDOCD), a global leader in patented real-time 3D sonar technologies for superior subsea imaging, mapping, defense and survey, has qualified to trade on the OTCQX® Best Market. Coda Octopus has now upgraded to OTCQX from the Pink® market.
Coda Octopus begins trading today on OTCQX under the symbol CDOC, with CDOCD until February 8, 2017. 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 Coda Octopus to the OTCQX market," said Jason Paltrowitz, Executive Vice President of Corporate Services at OTC Markets Group. "OTCQX provides a transparent and efficient public trading market for companies like Coda Octopus that are committed to maintaining high-quality financial and operating standards."
Annmarie Gayle, Group CEO of Coda Octopus commented, "We are pleased to make the move to top-tier OTCQX, which marks the latest step in the Group's growth plans. We believe that OTCQX gives us the ideal platform to reflect the Company's growth and prospects, and therefore is an important step to maximizing shareholders' value."
Coda Octopus was sponsored for OTCQX by Louis A. Brilleman, Esq., a qualified third party firm responsible for providing guidance on OTCQX requirements and recommending membership.
Coda Octopus is recognized internationally for its industry-leading underwater technologies. Its patented Echoscope® range of products is the world's only commercial sonar with both real-time and 3D capabilities for optimum imaging and mapping in zero or low visibility conditions underwater. The Company's real-time 3D imaging products are revolutionizing the capture and visualization of subsea data globally in numerous applications, ranging from port and coastal asset security and military defense to oil and gas subsea infrastructure and surveys, wind energy and renewables, and marine construction and consistently providing significant productivity gains and enhancement of safety of underwater operations to its customers. Coda Octopus also has within its group two defense engineering companies who sell their products largely into the prime defense contractors.
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
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SOURCE OTC Markets Group Inc.