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OTC Markets Group Announces Lists of Compliance Downgrades and Caveat Emptor Designations for the Month of July

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OTC Markets Group Announces Lists of Compliance Downgrades and Caveat Emptor Designations for the Month of July

PR Newswire

NEW YORK, Aug. 7, 2018 /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 July. 

Downgrades from OTCQX and OTCQB – July 2018

Company

Symbol

Original Market

Downgraded Market

Reason

Removal Date

RESAAS Services, Inc.

RSASF

OTCQX International

OTCQB

Non-Compliance  with OTCQX Rules

7/13/2018

Agritek Holdings, Inc.

AGTK

OTCQB

Pink Curent

Non-Compliance  with OTCQB Standards

7/2/2018

Airborne Wireless
Network

ABWN

OTCQB

Pink Curent

Non-Compliance  with OTCQB Standards

7/18/2018

China United Insurance
Service, Inc.

CUII

OTCQB

Pink No Information

Filing Delinquency

7/11/2018

Foothills Exploration, Inc

FTXP

OTCQB

Pink No Information

Filing Delinquency

7/10/2018

Innocap, Inc.

INNO

OTCQB

Pink Curent

Non-Compliance  with OTCQB Standards

7/17/2018

Mag One Products Inc.

MGPRF

OTCQB

Pink Curent

Filing Delinquency

7/25/2018

MetaStat, Inc.

MTST

OTCQB

Pink Curent

Filed to Cease Reporting

7/14/2018

SunVesta, Inc.

SVSA

OTCQB

Pink Curent

Filed to Cease Reporting

7/5/2018

Yew Bio-Pharm Group,
Inc.

YEWB

OTCQB

Pink Curent

Non-Compliance  with OTCQB Standards

7/24/2018

Caveat Emptor – July 2018

Company

Symbol

Caveat Emptor Status

Market Tier

Date

AXM Pharma, Inc.

AXMP

added 

Grey Market

7/13/2018

Big Time Holdings, Inc.

BTHI

added 

Grey Market

7/5/2018

Century Petroleum Corp.

CYPE

added 

Grey Market

7/5/2018

Corfacts, Inc.

CFCC

added 

Pink No Information

7/11/2018

Day TradeXchange, Inc.

SYNJ

added 

Pink No Information

7/30/2018

Empire Global Gaming Inc

EPGG

added 

Pink No Information

7/17/2018

Magplane Technology, Inc.

MAGP

added 

Pink No Information

7/11/2018

Stargaze Entertainment Group Inc.

STGZ

removed

Pink Curent

7/5/2018

Williamsville Sears Management, Inc.

WSML

added 

Grey Market

7/5/2018

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 market. 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 and OTC Link ECN, 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 and OTC Link ECN are 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

OTC Markets Group logo. (PRNewsFoto/OTC Markets Group)

 

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SOURCE OTC Markets Group Inc.

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