LOS ANGELES, CA / ACCESSWIRE / June 26, 2018 / Full Alliance Group, Inc. (OTC PINK: FAGI) ("Full Alliance Group" or "FAGI"), is pleased to announce, that in conjunction with OTC Markets (www.OTCMarkets.com) amendments to the OTCQB Standards, the Company has begun the process of meeting the qualifications for up-listing to the OTCQB Market Tier.
Effective May 20, 2018, OTC Markets amended their standards and established new qualifications that early-stage and developing companies must meet in order to be eligible for trading on the OTCQB Market. To be eligible, companies must be current in their reporting and undergo an annual verification and management certification process. You can find out more at OTCQB.
"Up-listing to a higher exchange is a significant milestone. This will provide shareholders and potential investors with greater shareholder value and enhanced liquidity. It will also expose FAGI to institutional investors, which historically do not invest in OTC PK companies," stated Rudy Kiste, CFO of Full Alliance Group.
"By up-listing to the OTCQB, we anticipate greater access to analyst coverage and news services, which will raise our visibility within the investment community and help broaden our shareholder base," stated Jacob Thomas, CEO of Full Alliance Group.
In addition, Full Alliance Group has previously filed the necessary form with FINRA pertaining to the dividend announced May 24, 2018. We are currently waiting to see the determination posted, along with the payment date of August 1, 2018, on the FINRA Daily List.
Sincerely,
Jacob Thomas
Chairman / CEO
Contact: [email protected]
About Full Alliance Group Inc.
Full Alliance Group Inc. (OTC PINK: FAGI) is a multi-faceted holding company with varied interests in banking and point-of-sale (POS) technology, financial services, real estate, nutraceuticals and computer software development. Full Alliance Group provides investment capital, modern business practices, and best-in-class management to assist growing companies to reach their greatest potential.
FORWARD-LOOKING STATEMENTS
This shareholder update may contain a number of forward-looking statements. Words and variations of words such as: "expect", "goals", "could", "plans", "believe", "continue", "may", "will" and similar expressions are intended to identify our forward-looking statements, including but not limited to: our expectation for growth, benefits from brand-building, cost savings and margins. These forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond our control, which could cause our actual results to differ materially from those indicated in our forward-looking statements. Such factors include, but are not limited to: continued volatility of, and sharp increase in: costs/pricing actions, increased competition, risks from operating internationally, consumer weakness, weakness in economic conditions and tax law changes.
SOURCE: Full Alliance Group Inc.