NEW YORK, Oct. 2, 2014 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of Open, Transparent and Connected financial marketplaces, today announced Parkit Enterprise Inc. (TSX-V: PKT; OTCQX: PKTEF), a private equity real estate company focused on the parking sector, has qualified to trade on OTCQX®, the best marketplace.
Logo - http://photos.prnewswire.com/prnh/20110118/MM31963LOGO
Parkit begins trading today on OTCQX under the symbol "PKTEF." 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 Parkit to the family of established international companies on OTCQX," said R. Cromwell Coulson, President and CEO of OTC Markets Group. "OTCQX provides a convenient, cost-effective alternative to a U.S. exchange listing for qualified international companies like Parkit that are looking to increase their awareness with U.S. investors."
Burns, Figa and Will P.C. serves as Parkit's Principal American Liaison ("PAL") on OTCQX, responsible for providing professional guidance on OTCQX requirements and U.S. securities laws.
Parkit is a TSX Venture-listed private equity real estate company that acquires and aggregates income-producing real estate in the parking sector.
Parkit, along with Parking Real Estate LLC, the partner entity represented by executives of Propark America, has established a parking acquisition platform to acquire a portfolio of income-producing parking facilities.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates Open, Transparent and Connected financial marketplaces for 10,000 U.S. and global securities. Through our OTC Link® ATS, we directly link a diverse network of broker-dealers that provide liquidity and execution services for a wide spectrum of securities. We organize these securities into marketplaces to better inform investors of opportunities and risks - OTCQX®, The Best Marketplace; OTCQB®, The Venture Marketplace; and OTC Pink®, The Open Marketplace. Our data-driven platform enables investors to easily trade through the broker of their choice at the best possible price and empowers a broad range of companies to improve the quality and availability of information for their investors. To learn more about how we create better informed and more efficient financial marketplaces, 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
SOURCE OTC Markets Group Inc.