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OTC Markets Group Welcomes Newly Verified OTCQB Companies – Dec. 30
Business
Dec 30 2014
5 min read

OTC Markets Group Welcomes Newly Verified OTCQB Companies – Dec. 30

OTC Markets Group Inc. (OTCQX: OTCM), operator of Open, Transparent and Connected financial marketplaces, today announced the following companies are verified for trading on OTCQB®, the venture marketplace for entrepreneurial and development stage companies, effective December 30, 2014:

 

ASAP Expo, Inc. (OTCQB: ASAE) – The company’s mission is to be the bridge between China and the Western world.  ASAP is a holding company that assists Chinese institutional and high net worth individual’s home office with acquisition advisory and asset management of U.S. hotels.  It is one of the most active hotel buyers in the market.  ASAP believes it will continue this growth pace for the next couple of years, taking advantage of current below replacement cost assets with reasonable cap rates and value-add opportunities in the current U.S. hotel market. 

ASAP Expo is approved to continue trading on OTCQB. 

AUTRIS (OTCQB: AUTR) – AUTRIS is a technology company utilizing science and engineering to create products for businesses to increase efficiency.  The company's solutionscater to clients in the automotive, industrial, agriculture, oil recovery andmining sectors.  Currently, AUTRIS is focused on nitrogen related products such as NitroHeat paint systems. 

AUTRIS is approved to continue trading on OTCQB. 

Bioheart, Inc. (OTCQB: BHRT) – Founded in 1999, Bioheart is committed to the development of effective cell technologies to treat cardiovascular diseases.  Unlike other organs, the human heart does not have the ability to repair itself once it is damaged.  Bioheart's discoveries include multiple cell therapies in various stages of development that repair damaged hearts of patients suffering from chronic and acute heart damage.

Bioheart is approved to continue trading on OTCQB.

Mechanical Technology, Inc. (OTCQB: MKTY) – Mechanical Technology, Incorporated's (MTI) core business is conducted through MTI Instruments, Inc. (MTI Instruments), a wholly-owned subsidiary.  MTI Instruments is a supplier of: precision linear displacement solutions, vibration measurement and system balancing systems, and wafer inspection tools consisting of electronic gauging instruments for position, displacement and vibration application within the industrial manufacturing/production markets, as well as the research, design and process development market; tensile stage systems for materials testing at academic and industrial research settings; and engine vibration analysis systems for both military and commercial aircraft.  These tools, systems and solutions are developed for markets and applications that require the precise measurements and control of products, processes, and the development and implementation of automated manufacturing, assembly, and consistent operation of complex machinery.

Mechanical Technology is approved to continue trading on OTCQB.

Octagon 88 Resources Inc. (OTCQB: OCTX) – In 2012 / 2013,Octagon 88 Resources acquired substantial light and conventional heavy oil assets in Northern Alberta.  The acquired projects have been substantially de-risked which leads the company to emerge as a development stage oil and gas company as of January 22, 2013.  The company's intention is to grow shareholder value through mergers and acquisitions opportunities available to the company.  The current program schedule entails working with the operator of these properties to bring on production and cash flow through the company's direct working interests and indirect investments spread throughout the projects.

Octagon 88 Resources is approved to continue trading on OTCQB.

U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for these companies on www.otcmarkets.com. 

About OTC Markets Group Inc.

OTC Markets Group Inc. (OTCQX: OTCM) operates Open, Transparent and Connected financial marketplaces for 10,000 U.S. and global securities.  Through our OTC Link® ATS, we directly link a diverse network of broker-dealers that provide liquidity and execution services for a wide spectrum of securities.  We organize these securities into marketplaces to better inform investors of opportunities and risks – OTCQX®, The Best Marketplace; OTCQB®, The Venture Marketplace; and OTC Pink®, The Open Marketplace.  Our data-driven platform enables investors to easily trade through the broker of their choice at the best possible price and empowers a broad range of companies to improve the quality and availability of information for their investors.  To learn more about how we create better informed and more efficient financial marketplaces, 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:

Saskia Sidenfaden, OTC Markets Group Inc., +1 (212) 896-4428, [email protected]