NetworkNewsBreaks – TAAT(TM) Lifestyle & Wellnes
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Posted On: 03/23/2021 5:39:10 PM
NetworkNewsBreaks – TAAT(TM) Lifestyle & Wellness Ltd. (CSE: TAAT) (OTCQX: TOBAF) (FRANKFURT: 2TP2) Announces Initial Rollout of TAAT Via CROSSMARK
TAAT(TM) Lifestyle & Wellness (CSE: TAAT) (OTCQX: TOBAF) (FRANKFURT: 2TP2) has moved up to the highest tier of the OTC market. The company confirmed Tuesday that it has been officially upgraded from OTCQB(R) Venture Market (“OTCQB”) to the OTCQX(R) Best Market (“OTCQX”). The OTC Markets Group is the operator of financial markets for 11,000 U.S. and global securities. The OTCQX market is for established firms and is held to more stringent reporting and disclosure standards; companies on this market also require a professional third-party sponsor introduction. The OTCQB market is primarily for early-stage companies. In the announcement, TAAT noted that the upgrade reflects the progress the company has made since its flagship product — TAAT(TM), a tobacco-free, nicotine-free cigarette — was launched for retail in Ohio and online throughout the United States. “TAAT was upgraded to the OTCQB market less than six months ago, and I consider it a wonderful accomplishment for us to have ascended to the OTCQX market so promptly,” said TAAT CEO Setti Coscarella in the press release. “Our team and valued partners have worked hard for us to build market share, maintain positive relations with our investors and form a strong reputation in the capital markets. With greater visibility afforded to investors through the mandated disclosure requirements of the OTCQX market, we anticipate that this upgrade could strengthen existing confidence in TAAT had by retail and institutional investors alike. We predict that with sustained performance in our first full calendar year of operations, TAAT can be favourably positioned to advance from the OTCQX market to NASDAQ in the United States in the near term, and we have engaged professional advisory firms to undertake preliminary steps in advance of potentially filing an application to do so.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
TAAT(TM) Lifestyle & Wellness (CSE: TAAT) (OTCQX: TOBAF) (FRANKFURT: 2TP2) has moved up to the highest tier of the OTC market. The company confirmed Tuesday that it has been officially upgraded from OTCQB(R) Venture Market (“OTCQB”) to the OTCQX(R) Best Market (“OTCQX”). The OTC Markets Group is the operator of financial markets for 11,000 U.S. and global securities. The OTCQX market is for established firms and is held to more stringent reporting and disclosure standards; companies on this market also require a professional third-party sponsor introduction. The OTCQB market is primarily for early-stage companies. In the announcement, TAAT noted that the upgrade reflects the progress the company has made since its flagship product — TAAT(TM), a tobacco-free, nicotine-free cigarette — was launched for retail in Ohio and online throughout the United States. “TAAT was upgraded to the OTCQB market less than six months ago, and I consider it a wonderful accomplishment for us to have ascended to the OTCQX market so promptly,” said TAAT CEO Setti Coscarella in the press release. “Our team and valued partners have worked hard for us to build market share, maintain positive relations with our investors and form a strong reputation in the capital markets. With greater visibility afforded to investors through the mandated disclosure requirements of the OTCQX market, we anticipate that this upgrade could strengthen existing confidence in TAAT had by retail and institutional investors alike. We predict that with sustained performance in our first full calendar year of operations, TAAT can be favourably positioned to advance from the OTCQX market to NASDAQ in the United States in the near term, and we have engaged professional advisory firms to undertake preliminary steps in advance of potentially filing an application to do so.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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