Digerati Technologies, Inc. Approved for Listing on OTCQB Venture Market
SAN ANTONIO, TX--(Marketwired - Dec 8, 2015) - Digerati Technologies, Inc. (OTCQB: DTGI) ("Digerati" or the "Company") today reported that the OTC Markets Group Inc. (OTCQX: OTCM) ("OTC Markets"), operator of Open, Transparent and Connected financial markets, has verified the Company for trading on the OTCQB® Venture Market. U.S. investors can now find current financial disclosure and Real-Time Level 2 quotes for Digerati on www.otcmarkets.com.
OTC Markets operates Open, Transparent and Connected financial markets for 10,000 U.S. and global securities. Through its OTC Link® ATS, OTC Markets directly links a diverse network of broker-dealers that provide liquidity and execution services for a wide spectrum of securities. OTC Markets organizes these securities into markets to inform investors of opportunities and risks: the OTCQX® Best Market; the OTCQB® Venture Market; and the OTC Pink® Open Market. The OTCQB® Venture Market is for fully reporting companies that file quarterly 10 Q's and annual audited 10 K's with the Securities and Exchange Commission (SEC). As a fully transparent reporting company, Digerati anticipates improved financing and corporate development opportunities will be available for the Company.
Digerati is a diversified holding Company with subsidiary operations in the cloud communications industry and three-time recipient of Deloitte and Touche's Fast 500 Award for recognition as one of the 500 fastest growing technology companies in North America. Through its subsidiary, Shift8 Technologies, Inc., the Company is meeting the global need of businesses that are seeking simple, flexible, and cost effective communication solutions that includes a fully hosted IP/PBX, VoIP transport, SIP trunking, and customized VoIP services all delivered Only in the Cloud™. Former subsidiaries included an Internet software company, GlobalSCAPE, Inc. (NYSE MKT: GSB) and businesses in the oilfield services sector of the Oil and Gas Industry. Digerati continues to explore opportunities in the Oil and Gas Industry through its wholly-owned subsidiary, Flagship Energy Company. For more information, visit www.digerati-inc.com.
The information in this news release includes certain forward-looking statements that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements related to the future financial performance of the Company. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Factors that could cause results to differ include, but are not limited to, successful execution of growth strategies, product development and acceptance, the impact of competitive services and pricing, general economic conditions, and other risks and uncertainties described in the Company's periodic filings with the Securities and Exchange Commission.
(December 8, 2015 - 9:15 AM EST)
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