DENVER, CO, June 11, 2018 (GLOBE NEWSWIRE) -- Advantego Corporation (OTCQB: ADGO) today announced that OTC Markets is scheduled to uplist the Company to its OTCQB Venture Market stock platform with the same stock symbol as previously listed on the OTC Pink.
"Trading on the OTCQB is a key step in expanding our financial communications program and enhancing our profile as well as our exposure to a broader investing audience,” according to Robert W. (Rob) Ferguson, Advantego CEO.
“This upgraded listing is another step in demonstrating our commitment to our shareholders by giving them access to the most current information possible, while reducing trading limits and restrictions that companies commonly face while on the Pink Sheets,” Ferguson said.
Advantego easily met the OTCQB criteria as Advantego is not a Penny Stock, is not a Shell Company and is not subject to any bankruptcy or reorganizational proceedings. It has well over 50 beneficial shareholders that own at least 100 shares; and its freely traded public float is 40% of its total issued and outstanding shares, well above the 10% minimum.
Ferguson concluded: “Recently, we’ve announced some key contracts as well as established some very strong Strategic Partnerships. This move up to the OTCQB Market is yet another sign of us maturing as a publicly-held company.”
About Advantego Corporation
Advantego Corporation (OTCQB: ADGO) designs, develops and implements digital communications and intelligent software solutions as a specialized Business Process as a Service (BPaaS). The Company’s products and services are provided through its wholly-owned operating subsidiary, Advantego Technologies Inc., which leverages its proprietary “Intelligent Solution Platform.” This platform combines existing data and systems and integrates “best in class”, third-party technologies to provide a comprehensive, managed solution that significantly enhances internal operations and marketing efficiency. These elite, custom business solutions are available to large enterprises, affiliate networks and franchise operators as all-inclusive, managed bundled services. The Company also offers a variety of stand-alone products specific to targeted industries. Website: www.advantego.com.
This news release may contain forward-looking statements within the meaning of the Securities Act. As a general matter, forward-looking statements may reflect our current expectations and projections relating to our financial condition, results of operations, plans, objectives, future performance and business.
These statements may be identified using forward-looking terminology such as "may", "will", "expects", "plans", "estimates", "anticipates", "projects", "intends", "believes", " outlook and similar expressions. The forward-looking statements contained in this news release are based upon our historical performance, current plans, estimates, expectations and other factors we believe are appropriate under the circumstances. The inclusion of this forward-looking information is inherently subject to risks and uncertainties, many of which cannot be predicted with accuracy and some of which might not even be anticipated. Future events and actual results, financial and otherwise, may differ materially from the results discussed in the forward-looking statements. Statements regarding the following subjects, among others, may be forward-looking: our business and investment strategy; our projected operating results; estimates relating to our ability to make distributions to our stockholders in the future and economic trends.
CONTACT: GREG McANDREWS & ASSOCIATES Gregory A. McAndrews (310) 804-7037 firstname.lastname@example.org