OTCQB:VVCIF - Post by User
Comment by
islander123on May 03, 2019 11:46am
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Post# 29706890
RE:RE:RE:RE:RE:RE:children
RE:RE:RE:RE:RE:RE:childrenThanks for the post. Its says penny stocks wouldnt qualify for the OTCQX, back in sept it was only 1.60, isnt that considered a penny stock ? Maybe there are exceptions ?
JaCkSnap wrote: Completelty inncorrect:
Vivo trades on the as per news releas Sept.27th/19: not a venture exchange nor a pink sheet company. You need to do some more homework: NAPANEE, Ontario, Sept. 27, 2018 (GLOBE NEWSWIRE) -- VIVO Cannabis Inc. (TSX-V: VIVO; OTCQX: VVCIF) (“VIVO” or the “Company”) is pleased to announce that is has qualified to trade on the OTCQX® Best Market. VIVO upgraded to OTCQX from the OTCQB® Venture Market. VIVO begins trading today on OTCQX under the symbol “VVCIF.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the Company on www.otcmarkets.com.
“Our decision to move to the OTCQX® Best Market reflects the building interest in our story and will allow us to increase our exposure to the investment community, both in Canada and internationally,” stated Barry Fishman, CEO of VIVO. “We are excited to increase liquidity and transparency for our shareholders through an established and respected platform.”
"The OTCQX® Best Market is for established, investor-focused U.S. and international companies. To qualify for the OTCQX market, companies must meet high financial standards, follow best practice corporate governance, demonstrate compliance with U.S. securities laws, be current in their disclosure, and have a professional third-party sponsor introduction. Penny stocks, shells and companies in bankruptcy cannot qualify for OTCQX. The companies found on OTCQX are distinguished by the integrity of their operations and diligence with which they convey their qualifications."