Uplisting of a Peer in MJ Space today
Post# of 56323
Hi - I'm new to this board and a FITX investor.
Not sure if people read this but here's an example of an uplisting that occurred today in the MJ space and I find that this would be a logical step for FITX to follow. Notice at the end of that MDBX plans to get to a national listing by YE14
http://www.prnewswire.com/news-releases/medbo...28111.html
Actual Text listed below:
LOS ANGELES , April 3, 2014 /PRNewswire/ -- Medbox, Inc. (OTCQB: MDBX) ( www.medbox.com ), a leader in providing consulting services and patented medicine storage and dispensing systems to the medical and retail industries, today announced that effective with the opening of the market on Thursday, April 3, 2014 , the company's common stock will be traded on the OTCQB® tier of the OTC markets.
The stock will continue to trade under the ticker symbol "MDBX".
The OTCQB® marketplace offers informed trading for securities for smaller or developing companies that are reporting and are current in disclosures to a U.S. regulator (SEC, Bank, or Insurance).
"Moving to the OTCQB® tier of the OTC markets is an important step, providing greater liquidity to our shareholders," commented Dr. Bruce Bedrick , Chief Executive Officer of Medbox. "This transition also underscores the steps Medbox has taken to establish itself as the clear leader in the emerging marijuana sector, including becoming a fully reporting, SEC-compliant company. As we continue to execute, we hope to move to a national listing on another exchange by the end of 2014."