Business
STWA Applies to Upgrade to OTCQX(R) Marketplace
STWA Applies to Upgrade to OTCQX(R) Marketplace.
About this update from Qs Energy, Inc.
[{"type":"text","content":"\nSTWA Applies to Upgrade to OTCQX(R) Marketplace\n\nSTWA Applies to Upgrade to OTCQX(R) Marketplace\n\n\nTrading on OTCQX Would Provide Greater Visibility of STWA Stock to Institutional and Retail Investors \n\n\n SANTA BARBARA, CA--(Marketwired - October 23, 2014) - Save The World Air, Inc., d/b/a STWA (the \"Company\") (OTCQB: ZERO), a developer of integrated solutions for the energy industry, announced today that it has applied to upgrade its securities to OTCQX®, the best marketplace for U.S. and global companies operated by OTC Markets Group. Currently, STWA stock is traded under the ticker ZERO on OTCQB®, the venture marketplace also operated by OTC Markets Group. Securities traded on OTCQX benefit from greater exposure to the investment community and real-time price transparency for investors.\"Pursuant to recent and unanimous approval by our Board of Directors, I'm pleased to announce that we have filed the required documentation to upgrade our stock to OTCQX,\" stated Gregg Bigger, STWA Chief Executive Officer and Chairman of the Board. \"Moving STWA to this premier marketplace is a natural evolution in our overarching strategy of improving the visibility of our stock to institutional and retail investors and another step toward our stated strategic objective of moving the Company closer to listing on a major exchange such as NASDAQ or the NYSE.\"In making the announcement, Mr. Bigger cautioned that the Company's application is currently under review and that the upgrade could be subject to delays, revisions or non-acceptance by officials at OTC Markets Group.The OTCQX marketplace is for established, investor-focused U.S. and global companies. To qualify for OTCQX, companies must meet high financial standards, demonstrate compliance with U.S. securities laws, be current in their disclosure, and be sponsored by a professional third-party advisor. Designed for investor-focused companies, OTCQX ensures that investors and brokers have the quality of information that's necessary to intelligently analyze, value, and trade their securities. Currently just over 350 companies trade on OTCQX, ranging from global blue-chip companies to high growth small-cap companies with approximately $1.7 trillion in aggregate market capitalization.\"Our drive to upgrade to OTCQX further demonstrates our commitment to the hi...