Bullboard - Stock Discussion Forum Eurocontrol Technics Ord EUCTF

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"Eurocontrol Technics Group Inc is a Canada-based company involved in acquisition, development, and commercialization of security, authentication, verification and certification markets. The company through its subsidiaries is engaged in designing, manufacturing, marketing of energy-dispersive X-ray fluorescence (ED-XRF) systems, and developing technology and property that combines two... see more

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Eurocontrol Technics Ord > Eurocontrol Announces Upgrade to the OTCQB Market

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Post by Ringert on Aug 11, 2016 7:52am

Eurocontrol Announces Upgrade to the OTCQB Market

Not sure what to make of this... Is this really where their focus should be right now?

TORONTO, CANADA--(Marketwired - Aug. 11, 2016) - Eurocontrol Technics Group Inc. (TSX VENTURE:EUO)(OTCQB:EUCTF) ("Eurocontrol" or the "Company"), a Canadian public company specializing in the acquisition, development and commercialization of innovative authentication, verification and certification technologies, is pleased to announce that the Company's shares have been approved to trade on the OTCQB Venture Market, under the symbol EUCTF.

Trading the Company's shares on OTCQB provides a dealer market for Eurocontrol shares and easy access to continuous disclosure documents giving investors in the United States greater access to invest in the Company's shares. The OTCQB Market provides trading for close to 900 US and international companies through its SEC-registered OTC Link^® ATS, which features over 110 broker-dealers. Quotes for Eurocontrol's US symbol are available directly athttps://www.otcmarkets.com/stock/EUCTF/quote.

The Company's shares will continue to trade on the TSX Venture Exchange under the symbol EUO.

Bruce Rowlands, Chairman and Chief Executive Officer, stated, "Given the increased volume of trading that occurred this past year on the Pink Open Market, we decided to make a formal application to OTCQB to upgrade our disclosure and facilitate ease of trading in Eurocontrol shares for US investors. We are pleased to have been accepted to trade on the OTCQB Venture Market which we believe will increase Eurocontrol's exposure to US retail and institutional investors, increasing liquidity for existing and new shareholders."

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Comment by TradeCraze on Aug 11, 2016 9:27am

I'm wondering if this was SICPAs idea

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Comment by Ringert on Aug 11, 2016 9:42am

Why do you think it would be SICPA's idea?

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Comment by lscfa on Aug 11, 2016 9:50am

Misguided effort by mgmt....the problem is not lack of sizeable investor base....the problem is lack of transparency by mgmt....how about getting analyst converage with reports issued and target price

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