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CYBER ENVIRO-TECH HAS RECEIVED APPROVAL TO UPGRADE TO THE OTCQB TRADING PLATFORM
CYBER ENVIRO-TECH HAS RECEIVED APPROVAL TO UPGRADE TO THE OTCQB TRADING PLATFORM.
About this update from Cyber Enviro-tech Inc.
[{"type":"text","content":"\n\n\n\nCYBER ENVIRO-TECH HAS RECEIVED APPROVAL TO UPGRADE TO THE OTCQB TRADING PLATFORM\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nCYBER ENVIRO-TECH HAS RECEIVED APPROVAL TO UPGRADE TO THE OTCQB TRADING PLATFORM\nPR Newswire\nSCOTTSDALE, Ariz., May 8, 2024\n\n\n\nSCOTTSDALE, Ariz., May 8, 2024 /PRNewswire/ -- (OTC Pink: CETI), Cyber Enviro-Tech, Inc. (CETI) is pleased to announce the approval of its application to upgrade its current trading platform from the Pink Sheet Open Market (Pink), aka OTC Pink, to the OTCQB (Over-The-Counter Quotation Bureau). CETI has completed all of the prerequisites to be listed on OTCQB and is now waiting for posting to occur on OTCMarkets later this week. This advancement will mark a pivotal step forward for CETI, as companies listed on the OTCQB marketplace are required to go through more rigorous reporting requirements including PCAOB* audited financial statements among other specific verifications and disclosures; all for the purpose of adding an additional layer of protection for investors. In contrast, companies listed on the Pink Open Market are not required to file audited financial statements and certain other mandated Securities and Exchange (SEC) disclosures, which could increase risks to investors due to limited disclosures and unaudited financial information.\n\n \n \n \n \n \n \n\n \nMoving up its listing with OTCMarkets to the OTCQB comes on the heels of other important benchmarks for CETI's growth model. In addition to upgrading to a more credible trading platform, CETI is moving forward more aggressively to deploy its water remediation system with Salt Water Disposal Facilities in both Oklahoma and Texas. Entering into contracts of this nature, to provide our added services and technical capabilities, could bring in a steady, recurring revenue for both parties.\n\"We are confident in the direction CETI is taking and the anticipated impact it will have on the oil & gas industry and available water resources to the states and the environment. Our team has spent innumerable hours fostering the growth of thi...