NEW YORK, Sept. 20, 2022 /PRNewswire/ — FatBrain AI (LZG International Inc.; OTC: LZGI), the leader in powerful and easy-to-use artificial intelligence (AI) solutions empowering global growth businesses, is pleased to announce it has begun the process for moving off the OTC Pink Sheets® and uplisting to the OTCQB Venture Market. The Company has completed and submitted the required paperwork to facilitate the planned uplist.
FatBrain AI believes the move to the OTCQB will provide enhanced investor benefits including higher reporting standards, greater access to analyst coverage and news services, and more comprehensive compliance requirements. The OTCQB is considered by the Securities and Exchange Commission (SEC) as an “established public market” for determining the public market price when registering securities for resale with the SEC. The OTC Pink is not considered as such, and most broker dealers will not trade or recommend OTC Pink stocks. As the OTCQB dramatically increases transparency, reporting standards, management certification and compliance requirements, most broker dealers trade stocks on the OTCQB.
Historically, companies that have made the move up to the OTCQB tier have experienced increased investor awareness, greater liquidity and visibility of their common stock.
Peter B. Ritz, co-founder and CEO of FatBrain AI, said, “Uplisting to the OTCQB will assist our company in providing greater shareholder value. It will allow us to achieve greater…
