Business
Zoompass Issues Statement About Its Common Stock OTC Markets Listing
Zoompass Issues Statement About Its Common Stock OTC Markets Listing.
About this update from Zoompass Holdings Inc
[{"type":"text","content":"\n \n \n Zoompass Issues Statement About Its Common Stock OTC Markets Listing\n \n \nZoompass Issues Statement About Its Common Stock OTC Markets Listing\n \n TORONTO, ONTARIO--(Marketwired - May 11, 2017) - Zoompass Holdings Inc. (\"Zoompass\" or the \"Company\") (OTCQB:ZPAS) announces that the OTC Markets Group, Inc. has listed ZPAS common stock on its OTC Pink Current Information, rather than on the OTCQB, and placed the Caveat Emptor symbol on the company profile as a result of the promotional activities that was disclosed in our Press Release issued May 9, 2017. As a matter of policy, when it has come to the attention of OTC Markets that a security has been the subject of promotional activities, OTC Markets may at its discretion label a security \"Caveat Emptor.\" Promotional activities may include newsletters, whether they are published by the company or a third party, as was the case here. \n We note that the Caveat Emptor sign does not mean or imply that any public information made available by the Company is inaccurate, incomplete or insufficient in any way, and is not an opinion or suggestion by the OTC Markets or the Company regarding the price of the Company's common stock. We assure the public that all of our press releases, SEC filings and information on our website (www.zoompass.com) and the OTC markets profile remains true, correct and complete. We encourage anyone considering an investment in our securities to review our public filings, website and press releases and to not rely on third party newsletters/recommendations or general stock symbols/classifications or other identifiers regarding our securities, whether positive or negative, as these items are simply opinions/policies of a third party and should not be a substitute for investors' research and independent decision making process.\n \"The Company supports the OTC Markets' policy regarding promotional activities,\" stated Rob Lee, Chief Executive Officer of Zoompass Holdings, Inc., \"but we also strongly believe that our public disclosures are accurate and complete, and that they fully describe our commitment to our business plan and our progress in effectuating our business plan. We believe that any increased market interest in our securities in recent weeks is the result of those efforts and disclosures, and not materially related to any newsletters t...