LOS ANGELES, CA / ACCESSWIRE / January 31, 2017 / Stony Hill Corp. (OTCQB: STNY), a diversified company focused on the cannabis industry, is pleased to announce that its common shares have been approved to commence trading on the OTCQB Marketplace under the ticker symbol "STNY".
As an OTCQB listed company Stony Hill Corp. will be required to be current in their reporting and undergo an annual verification and management certification process, thus insuring a high level of compliance and transparency.
Stony Hill Corp. has also obtained Depository Trust Company (DTC) eligibility for its common stock listed on the OTCQB Market. Securities that are eligible to be electronically cleared and settled through the DTC are considered "DTC eligible". This electronic method of clearing securities facilitates the receipt of stock and cash, and thus accelerates the settlement process for investors.
About Stony Hill Corp.
Stony Hill Corp. (www.stonyhillcorp.com) is a diversified company focused on multiples areas of the cannabis, hemp and CBD industry. The Company is focused on select investment, branding, real estate, and partnership opportunities in the recreational, health and wellness, nutraceutical, and media industries.
Stony Hill has several strategic partnerships currently in place and is actively pursuing additional partnerships and other strategic growth opportunities.
Email: [email protected] or [email protected]
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About the OTCQB Marketplace:
About the OTCQB Marketplace: The OTCQB is a venture stage marketplace for early stage and developing U.S. and international companies. Companies listed on the OTCQB must be current in their reporting and undergo an annual verification and management certification process.
Safe Harbor Statement
Forward-Looking Statements Except for historical information contained herein, the statements in this release are forward-looking and made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are inherently unreliable and actual results may differ materially. Factors which could cause actual results to differ materially from these forward-looking statements include such factors as the development and protection of our brands and other intellectual property, the need to raise capital to meet business requirements, significant fluctuations in marketing expenses and ability to achieve and expand significant levels of revenues, or recognize net income, from the sale of its products and services, as well as the introduction of competing products, or management's ability to attract and maintain qualified personnel necessary for the development and commercialization of its planned products, and other information that may be detailed from time to time in the Company's filings with the United States Securities and Exchange Commission. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
SOURCE: Stony Hill Corp.