Business
OTC Markets Group Welcomes Newly Verified OTCQB Companies – November 18
OTC Markets Group Welcomes Newly Verified OTCQB Companies – November 18.
About this update from Transglobal Management Group, Inc.
[{"type":"text","content":"OTC Markets Group Inc. (OTCQX: OTCM), operator of Open, Transparent and Connected financial markets, today announced the following companies are verified for trading on the OTCQB® Venture Market: American Housing Income Trust, Inc. (OTCQB: AHIT) – American Housing Income Trust (AHIT) is incorporated in the State of Maryland and is traded on OTCQB as a fully reporting SEC entity. The company’s focus is on employing a disciplined acquisition strategy, operational efficiencies, as well as maintaining a full understanding of local, regional, and national housing fundamentals. As part of its marketing strategy, AHIT promotes the benefits of single-family rental living compared to apartment dwelling. The company intends to qualify as a REIT for federal income tax purposes and would not be subject to federal income tax to the extent that it distributes at least 90% of its taxable income to its shareholders. American Housing Income Trust has incorporated the assets of its subsidiaries that launched their initial business plan to acquire portfolios of SFR's in 2010 and is headquartered in Phoenix, AZ.Hillcrest Petroleum Ltd. (TSX-V: HRH; OTCQB: HLRTF) – Hillcrest Petroleum, headquartered in Houston Texas, is a publicly-traded independent oil and gas production company. Hillcrest is currently producing and selling oil and natural gas from its main asset located in the shallow waters of Louisiana in the Gulf of Mexico and from onshore wells located in Newton County Texas.Hillcrest Petroleum is focused on adding, creating and increasing value through the acquisition, development and production of conventional oil and gas assets in the Southern half of the United States. The company’s business plan in any acquisition or asset development is to be the operator of the asset or to hold a majority working interest where available.Hillcrest Petroleum shares are publicly traded on the TSX.V under the symbol HRH and in the USA under the symbol HLRTF. Music of Your Life, Inc. (OTCQB: MYLI) – Music of Your Life is a multi-media entertainment company that currently produces live radio programming 24 hours a day, syndicated to AM, FM, and HD radio stations around the United States. The network is also heard streaming across the Internet using its registered trademark \"iRadio.\" Mu...