Business
Greene Concepts Prepared to Rise Steadily Through OTC Market Tiers on the Way to NASDAQ for Increased Company Awareness and Sales
Greene Concepts Prepared to Rise Steadily Through OTC Market Tiers on the Way to NASDAQ for Increased Company Awareness and Sales.
About this update from Greene Concepts, Inc.
[{"type":"text","content":"Greene Concepts Inc. (OTC Pink: INKW) is happy to report that it plans to grow the company steadily through the OTC Market Tiers and onto the NASDAQ. The focus is to establish a solid foundation of growth, sales, awareness and stability.Greene Concepts current resides within the OTC Pink market tier. Here is a breakdown of the current OTC market tiers:OTCQX - is the top tier of the three marketplaces for the OTC trading of stocks. Stocks that trade on this forum must meet more stringent qualification criteria compared to the other levels.OTCQB - is the middle tier known as \"The Venture Market,\" which consists of early-stage and developing U.S. and international companies that are not yet able to qualify for the OTCQX.OTC Pink or Pink Sheets - is the lowest level and most speculative tier of the three marketplaces for the trading of over-the-counter stocks.Lenny Greene, CEO of Greene Concepts states, \"While we continue to grow the company itself, we also wish to strengthen our connection and trust with shareholders. We believe the best way to achieve this is to build a strong foundation of continual and incremental growth. Our ultimate goal is to make it to the NASDAQ, but we recognize the need to first progress off the Pink Sheets and onto the OTCQB, meet those requirements and then launch toward the OTCQX market tier. Once on the OTCQX and as sales increase even more, we will satisfy the requirements to reach and remain on the NASDAQ long-term while increasing our liquidity, awareness, capital growth and revenues. We remain excited about the proliferation of our premium BE WATERTM and Happy Mellow brands developed right here in the U.S. which will be crucial in our market tier advancement.\"Lenny Greene, CEO of Greene Concepts highlights, the requirements to move to the NASDAQ is for the company to have 4 million in assets and a bid price of $3.00. We already have assets of over 4 million dollars. We are in very exciting times with all of the recent attention that the company is garnering within the markets.See: OTC Markets 101 For additional information.https://www.otcmarkets.com/About Greene Concepts, Inc., Mammoth Ventures, Inc. and Water Club, Inc.Greene Concepts, Inc. (http://www.greeneconcepts.com) is a publicly traded company. Through its recently acquired wholly owned subsidiary, Mammoth...