Lifelogger Technologies Corp (OTCMKTS:LOGG) made an announcement lately stating that it had received approval from the OTC Markets Group to continue trading on OTCQB. As per the reports, the approval came right after Lifelogger Technologies submitted all the necessary documents required for continuing trading.
The information was made public by the company itself saying that it was given a green signal to continue trading on OTC platform. The OTC marketplace is the largest sought after marketplace in the world where investors could easily identify the companies that report to SEC.
Why It Had To Gain Approval For Second Time:
A lot of companies trade on OTC marketplace and attract investors easily. To avoid any inconvenience to investors, OTC had made some changes in the eligibility criteria for the companies to continue trading on OTCQB. As per the reports, the companies that didn’t meet the minimum required criteria within the given timeframe were downgraded instantly to OTC Pink.
Management Is Delighted:
The senior management team of the company is delighted to receive this information and share it with all the investors. According to Stew Garner, CEO & President, Lifelogger, it’s a proud moment for the company to receive notification from OTC marketplace to continue trading on OTC. The primary objective of the company is to keep its ambitious plan in sight and continue working hard to add value to its shareholders.
The company is fully committed to take its operational and financial performance to newer heights in 2015. The recent quarters brought a lot of struggles for Lifelogger Technologies Corp (OTCMKTS:LOGG), but it continued to work hard in the market to survive and grow further. The company is looking forward to expanding its operations and reach in the coming quarter. All the updates regarding expansion plan will be made available to investors once it finalize the location and other important things.