HOUSTON, TX -- May 14, 2019 -- InvestorsHub NewsWire
--
Recruiter.com Group, Inc. (“Recruiter” or the
“Company”) (
OTCQB: RCRT), formerly Truli
Technologies, a leading platform connecting recruiters and
employers, today announced that the Company's common stock has been
approved for trading on the OTCQB Venture Marketplace under the
symbol “RCRT” beginning on May 14, 2019.
"We are excited to announce admission to trading on the OTCQB
Venture Market," stated Miles Jennings, CEO of the Company. “This
move represents our commitment to creating opportunity for our
shareholders and to attracting new retail and institutional
investors. We hope that trading on the OTCQB will enhance liquidity
and broaden our shareholder base.”
The OTCQB Venture Market allows developing companies to provide a
strong baseline of transparency to inform and engage investors. It
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. Because of increased
transparency, reporting standards, management certification and
compliance requirements, many broker dealers trade stocks on the
OTCQB.
"This milestone opens the door to accessing additional
institutional investors and market makers. Additionally, we believe
this is an important step in the process to meet the requirements
for listing of our common stock on a national securities exchange
in the future,” stated Jennings.
About Recruiter.com Group, Inc.
Recruiter.com Group, Inc., formerly Truli Technologies, Inc. is a
leading platform connecting recruiters and employers. We pair
enterprises with the most extensive network of recruiters to drive
the hiring of top talent faster and smarter. We offer recruiters
SHRM certified recruitment training and independent earning
opportunity. Recruiter was voted “Top Tech Company to Watch” by the
CT Tech Council, cited as one of the “Top 35 Most Influential
Career Sites” by Forbes, and listed by Inc. as one of the “9 Best
Websites for Finding Top Talent.” We power placements. Visit
https://www.recruiter.com.
Cautionary Note Regarding Forward-Looking
Statements.
This press release contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995,
including statements relating to the Company’s expectations
regarding increased future liquidity of its common stock and
broadening of its shareholder base, and the Company’s ability to
meet the listing requirements of a national securities exchange.
The words "believe," "may," "estimate," "continue," "anticipate,"
"intend," "should," "plan," "could," "target," "potential," "is
likely," "will," "expect" and similar expressions, as they relate
to us, are intended to identify forward-looking statements. We have
based these forward-looking statements largely on our current
expectations and projections about the future events and financial
trends that we believe may affect our financial condition, results
of operations, business strategy and financial needs. Important
factors that could cause actual results to differ from those in the
forward-looking statements include continued demand for
professional hiring, the condition of the equity markets in general
and for microcap companies in particular, the Company’s ability to
complete a financing to meet the required shareholder equity
threshold, a lack of growth in the U.S. market for
technology-enabled recruitment services and the Company’s inability
to successfully integrate Recruiter.com and the assets acquired
from Genesys into the Company and the Risk Factors contained within
our filings with the Securities and Exchange Commission including
our Annual Report on Form 10-K for the year ended March 31, 2018.
Any forward-looking statement made by us herein speaks only as of
the date on which it is made. Factors or events that could cause
our actual results to differ may emerge from time to time, and it
is not possible for us to predict all of them. We undertake no
obligation to publicly update any forward-looking statement,
whether as a result of new information, future developments or
otherwise, except as may be required by law.
Company Contact:
Recruiter.com Group, Inc.
Phone: (866) 862-2979
Investor Contact:
KCSA Strategic Communications
Valter Pinto, Managing Director
Phone: (212) 896-1254
Valter@KCSA.com