VITALIBIS, INC. Uplists to OTCQB Venture Market
LAS VEGAS, Jan. 02, 2019 (GLOBE NEWSWIRE) -- VITALIBIS, INC. (OTCQB: VCBD), a technology based formulator of premium, full spectrum phyto-cannabinoid rich hemp products with naturally occurring cannabidiol (CBD), along with safe personal care and nutritional products announced today that the Company has been approved for uplisting its common shares from the Pink® Open Market to the OTCQB® Venture Market.
The OTCQB Venture Market, operated by OTC Markets Group Inc. in New York City is a premier market for entrepreneurial and development stage U.S. and international companies that are committed to providing investors high-quality trading and improved market visibility to enhance trading liquidity. To be eligible, companies must be current in their financial reporting, pass a minimum bid price test and undergo an annual company verification and management certification process. The OTCQB quality standards provide a baseline for financial transparency and provide more comprehensive compliance requirements. The Securities and Exchange Commission (SEC) considers the OTCQB as an “established public market” for determining the public market price, allowing broker dealers and their customers to more easily trade stocks that may have been previously forbidden due to the confines of the less rigorous Pink Open Market standards.
Steven Raack, CEO and Co-Founder of Vitalibis stated, “As we continue to build the Vitalibis brand, our goal is to consistently improve – with our products, with our technology innovation and with our social impact. 2018 has been focused on building our foundation, and uplisting to OTCQB is another positive milestone for Team Vitalibis.”
About Vitalibis, Inc.
Vitalibis is a socially conscious brand focused on people, products and the planet. We are a technology based formulator of premium, full spectrum phyto-cannabinoid rich hemp products with naturally occurring cannabidiol (CBD), along with safe personal care and nutritional products. Our Ambassador program combines the best elements of social selling, ecommerce and affiliate marketing into one innovative program - empowering our people and social mission driven ecosystem.
For additional information, http://www.vitalibis.com
Contact:Vitalibis Inc.702-944-9620 email@example.com
FORWARD LOOKING STATEMENTSThis news release includes forward-looking statements that reflect Vitalibis Inc. current expectations about its future results, performance, prospects and opportunities Vitalibis, Inc. has tried to identify these forward-looking statements by using words and phrases such as “may”, “will”, “expects”, “anticipates”, “believes”, “intends”, “estimates”, “should”, “typical”, “we are confident” or similar expressions. These forward-looking statements are based on information currently available to the Company and are subject to a number of risks, uncertainties and other factors that could cause the Company’s actual results, performance, prospects of opportunities for the remainder of 2019 and beyond to differ materially from those expressed in, or implied by, these forward-looking statements.