Business
Organto Announces Upgrade of US Listing to OTCQB
Increases Accessibility for U.S. Investors VANCOUVER, BC and BREDA, THE NETHERLANDS / AC...
About this update from Organto Foods, Inc.
[{"type":"text","content":"Organto Announces Upgrade of US Listing to OTCQBIncreases Accessibility for U.S. InvestorsVANCOUVER, BC and BREDA, THE NETHERLANDS / ACCESSWIRE / January 13, 2022 / Organto Foods Inc. (TSXV:OGO)(OTCQB:OGOFF)(FSE:OGF) (\"Organto\" or \"the Company\"), a leading provider of organic and value-added organic fruits and vegetable products today announced that it has received approval from the OTC Markets Group to upgrade its current OTC Pink Sheet listing to the OTCQB Venture Market (\"OTCQB\"), effective January 13th, 2022. The Company's current OTC ticker symbol, \"OGOFF\" remains unchanged.The OTCQB is a premier venture marketplace for entrepreneurial and developing US and international companies that are committed to providing a high-quality trading and information experience for their US investors. To be eligible, companies must meet high financial standards, follow best practice corporate governance, have a professional third-party sponsor introduction, demonstrate compliance with U.S. securities laws, and undergo an annual verification and management certification process. The OTCQB is recognized by the U.S. Securities and Exchange Commission as an established public market and provides current public information to investors that need to analyze, value, and trade securities. Investors can find current financial disclosure and Real-Time Level 2 quotes for the Company on www.otcmarkets.com.\"Our OTCQB listing combined with our previously announced DTC eligibility is expected to provide a platform to both increase investor awareness of our business while at the same time facilitating a more seamless trading experience for our investors.\" commented Steve Bromley, Chair and Co-CEO. \"We are pleased by the progress we continue to make in our strategy to build an ethics driven \"one-stop shop\" in fresh organic and specialty fruits and vegetable products, and excited to have this investment opportunity listed and accessible on the OTCQB. Consumer interest in healthy foods produced in a sustainable and transparent manner continues to grow, and we believe we are well-positioned to capitalize on this long-term global trend.\"In mid-2021 the Company announced that its shares became eligible for electronic clearing and settlement in the United States through the Depository Trust Company (\"DTC\"). DTC is a subsidiary of the Depository Tr...