Wikisoft Corp (WSFT) Plans to Apply for Uplisting to OTC QB
October 23 2019 - 11:09AM
InvestorsHub NewsWire
Wikisoft Corp (WSFT) Plans to Apply
for Uplisting to OTC QB
October 23, 2019 -- InvestorsHub NewsWire
-- Wikisoft Corp. (OTC
PINK:WSFT) ("the Company") today announces that it will apply
for uplisting to the OTC QB Venture Market.
"Trading on the OTC QB will be an important step for Wikisoft
and will expand our financial communication program. Uplisting from
the Pink Sheets will provide greater transparency to existing and
prospective shareholders while growing our exposure to a much
broader investing community," stated Rasmus Refer, Director,
Wikisoft Corp.
The OTC QB is considered by the Securities and Exchange
Commission (SEC) as an "established public market" for determining
the public market price. The OTC Pink is not considered as such.
Thus, most broker-dealers do not trade or recommend OTC Pink
stocks. Since the OTC QB dramatically increases transparency,
reporting standards, management certification and compliance
requirements, most broker-dealers trade stocks on the OTC QB.
The Company will continue to trade under the symbol "WSFT".
As a verified market with efficient access to U.S. investors,
OTC QB is an established public market that will help Wikisoft
build shareholder value while working to enhance liquidity and
achieve a higher valuation. Being on the OTC QB also increases
transparency, reporting standards, and compliance requirements
welcomed by investors and institutional investors. The Company
believes the move to the OTC QB will provide substantial investor
benefits including higher reporting standards, enhanced access to
analyst coverage, increased Market Maker presence and comprehensive
compliance requirements.
WSFT is currently fulfilling OTC Markets' uplisting requirements
and has a full audit of all financial records for the prior two
years of operations.
About WikiSoft Corp
WikiSoft Corp (OTC
PINK:WSFT) is the world's largest Wiki portal for businesses.
Built on MediaWiki software, the new portal, called
wikiprofile.com, will be the largest in the Wiki universe with over
328 million published articles and profiles on companies, top
brands, and corporate influencers. Users will be able to freely
search the portal and all content will be collected, updated and
fact-checked in real-time. Wikiprofile is built on the official
Mediawiki software originally for use for Wikipedia and deemed the
"Wikipedia for business".
Forward-Looking Statements
Statements made in this press release are forward-looking and
are made pursuant to the safe harbor provisions of the Securities
Litigation Reform Act of 1995. Risk factors that could cause actual
results to differ materially from those projected in
forward-looking statements include, but are not limited to, general
business conditions, risks of managing growth, governmental
regulatory risks, technology development risks, schedule slippage
risks, and political and other business risks. All forward-looking
statements are expressly qualified in their entirety by this.
CONTACT:
WikiSoft Corp
315 Montgomery Street
San Francisco, CA 94104 USA
Phone: +1-800-706-0806
Investor relations:
investor@wikisoft.com
Website:
https://www.wikisoft.com
https://www.wikiprofile.com
SOURCE: WikiSoft Corp
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