OTC Markets Group Announces Lists of Compliance Downgrades and Caveat Emptor Designations for the Month of November
NEW YORK, Dec. 4, 2017 /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 November.
Downgrades from OTCQX and OTCQB – November 2017
Company | Symbol | Original | Downgraded | Reason | Removal Date |
Atlas Energy | ATLS | OTCQX | OTCQB | Market Cap Deficiency | 11/10/2017 |
Aytu BioScience, | AYTUZ | OTCQX U.S. | Pink Current | Bid Price Deficiency | 11/17/2017 |
Aytu BioScience, | AYTUW | OTCQX U.S. | Pink Current | Bid Price Deficiency | 11/17/2017 |
Alanco | ALAN | OTCQB | Pink No Information | Non-Compliance with | 11/7/2017 |
Blake Insomnia | BKIT | OTCQB | Pink Current | Non-Compliance with OTCQB | 11/17/2017 |
KonaRed Corp | KRED | OTCQB | Pink Current | Non-Compliance with OTCQB | 11/14/2017 |
Mag One | MGPRF | OTCQB | Pink Current | Non-Compliance with OTCQB | 11/2/2017 |
Sugarmade, Inc. | SGMD | OTCQB | Pink No | Filing Delinquency | 11/15/2017 |
Validian Corp. | VLDI | OTCQB | Pink Current | Bid Price Deficiency | 11/28/2017 |
Vilacto Bio Inc. | VIBI | OTCQB | Pink Current | Public Interest Concern | 11/28/2017 |
Wearable | WHSI | OTCQB | Pink No Information | Filing Delinquency | 11/15/2017 |
XINDA | XNDA | OTCQB | Pink Current | Non-Compliance with OTCQB | 11/17/2017 |
YUS | YUSG | OTCQB | Pink Current | Non-Compliance with OTCQB | 11/28/2017 |
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 Changes – November 2017
Company | Symbol | Caveat Emptor | Market Tier | Date |
AgTech Global International, Inc. | AGGL | removed | Pink Limited | 11/6/2017 |
Central Wireless, Inc. | CWIR | added | Pink Current | 11/6/2017 |
China Finance, Inc. | CHFI | added | Pink No Information | 11/15/2017 |
Coeur D'Alenes Company (The) | CDLA | added | Pink No Information | 11/13/2017 |
DirectView Holdings, Inc. | DIRV | added | Pink No Information | 11/15/2017 |
Dong Fang Hui Le Inc. | DFHL | added | Pink No Information | 11/17/2017 |
Everlert, Inc. | EVLI | added | Pink Current | 11/6/2017 |
Favored, Inc. | FVRD | added | Pink Current | 11/27/2017 |
Firefish, Inc. | FRFS | added | Pink No Information | 11/3/2017 |
Longport, Inc. | LPTI | added | Pink No Information | 11/14/2017 |
Nocera Inc. | NCRA | added | Pink No Information | 11/13/2017 |
Pacific Vegas Global Strategies, Inc. | PVEG | added | Pink Current | 11/17/2017 |
Rainmaker Worldwide Inc. | RAKR | removed | Pink Current | 11/22/2017 |
Sharing Services, Inc. | SHRV | added | Pink Current | 11/16/2017 |
Solos Endoscopy, Inc. | SNDY | removed | Pink Current | 11/20/2017 |
Start Scientific, Inc. | STSC | added | Pink No Information | 11/30/2017 |
U.S. Lithium Corp. | LITH | removed | Pink Current | 11/24/2017 |
Vicapsys Life Sciences, Inc. | VICP | added | Pink No Information | 11/13/2017 |
Vidaroo Corp | VIDA | added | Pink No Information | 11/8/2017 |
Vilacto Bio Inc. | VIBI | added | Pink Current | 11/28/2017 |
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.
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Media Contact:
OTC Markets Group Inc., +1 (212) 896-4428, media@otcmarkets.com
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SOURCE OTC Markets Group Inc.
