Lifelogger Technologies Corp (OTCMKTS:LOGG) informed that it successfully received approval for continued listing on the OTCQB marketplace. The approval states that the company has filed all the mandatory legal documents and thus, met all guidelines for continue trading on the OTCQB exchange. The news cheered up investors who were getting wary about delisting of LOGG stocks from OTCQB exchange.
The continued listing can be called as a big achievement for Lifelogger Technologies. The OTCQB marketplace holds significance for small cap investors. They can easily identity the companies that they want to trade in and remain invested. These OTC traded firms also report to the ‘Securities and Exchange Commission.’
The reputed marketplace
The OTCQB is a better alternative to old platform OTC bulletin board. Recently, OTC segment introduced new eligibility rules and guidelines for firms that want to trade on the OTCQB exchange. These eligibility standards are to protect the interests of investors as they will be able to get improved information. The firms that do not agree to the new guidelines within the required time frame should be prepared to get downgraded to OTC Pink. However, Lifelogger saved itself from embarrassment of being downgraded to OTC Pink.
Lifelogger Technologies Corp (OTCMKTS:LOGG)’s CEO and President, Stew Garner said that it is a moment of honor for the company to OTC Markets approval after which the company will continue to list on the transparent and renowned OTCQB marketplace. As of now, the team of Lifelogger is focused on executing its strategic business plan for 2015. The company will take efforts to enhance shareholder value.
Lifelogger has formulated web APP software offering using which customers can store, live stream and capture their beautiful memories. The company calls itself as device-agnostic, permitting users to use wearable camera, sensors, and Android and iOS solutions.