1PM Industries Announces
Up-Listing to OTCQB
Beverly Hills, CA -- January 28, 2016 -- InvestorsHub
NewsWire -- 1PM Industries, Inc. (OTC:
OPMZ) announced today that the Company's common stock has been
up-listed and approved for trading on the OTCQB Venture
Marketplace. The Company also reiterated its strategy to create
greater opportunity for its shareholders and attract new retail and
institutional investors by providing transparency via this
up-listing.
"We are extremely excited to announce our up-list to the OTCQB
Venture Marketplace," stated Joseph Wade, CEO of 1PM Industries
Inc. "This move represents our continued commitment to our
shareholders, and we believe that trading on the OTCQB will enhance
trading liquidity, broaden our shareholder base and continue to
increase market adoption of our business model, thereby enhancing
shareholder value."
The OTCQB is considered by the SEC as an "established public
market" for the purpose of determining the public market price when
registering securities for resale with the SEC. The OTC Pink is not
considered as such and most broker dealers will not trade or
recommend OTC Pink stocks. Because the OTCQB dramatically
increases transparency, reporting standards, management
certification and compliance requirements, the majority of broker
dealers trade stocks on the OTCQB. Historically this has resulted
in greater liquidity and awareness for companies that reach the
OTCQB tier.
"We have worked diligently towards this goal, and it exemplifies
our commitment to building a great company," Mr. Wade
stated. "These milestones open the doors to institutional
investors and market makers who were not previously able to buy and
sell shares of our company. Meeting the increased compliance
and information requirements of OTCQB provides our investors
greater confidence in the information we disclose and ensures our
commitment to transparency and accountability."
"As we focus on building a business that delivers long term
shareholder value, we believe this up-listing will enhance investor
accessibility and serve as a stepping stone to meeting the listing
requirements to up-list to the OTCQX and for admission to the
NASDAQ Stock Exchange or NYSE in the future," states Mr. Wade.
About 1PM Industries.
1PM Industries is a Colorado corporation. The Companys business
focuses on the sale and distribution of medical marijuana under the
brand award winning Von Baron Farms.
Notice Regarding Forward-Looking Statements in this press
release which are not purely historical are forward-looking
statements and include any statements regarding beliefs, plans,
expectations or intentions regarding the future. Actual results
could differ from those projected in any forward-looking statements
due to numerous factors. These forward-looking statements are made
as of the date of this news release, and we assume no obligation to
update the forward-looking statements, or to update the reasons why
actual results could differ from those projected in the
forward-looking statements. Although we believe that any beliefs,
plans, expectations and intentions contained in this press release
are reasonable, there can be no assurance that any such beliefs,
plans, expectations or intentions will prove to be accurate.
Investors should consult all of the information set forth herein
and should also refer to the risk factors disclosure outlined in
our annual and interim reports.
Contacts
1PM Industries, Inc.
(424) 253-9991
info@1pmindustries.com