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Wednesday, November 05, 2014 9:44:20 AM
No trades and on TDameritrade no level 2 at the moment.
NEW YORK, Nov. 5, 2014 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM) congratulates CVSL Inc. on its approval to list on the NYSE MKT, effective November 5, 2014. CVSL previously traded on OTCQX®, the best marketplace for established global and growth companies operated by OTC Markets Group.
Photo - http://photos.prnewswire.com/prnh/20110118/MM31963LOGO
Since joining OTCQX on February 19, 2014, CVSL's share price has risen more than 30% to $11.50. Likewise, the company's 30-day average daily dollar volume rose nearly 60% after joining OTCQX. CVSL's current market capitalization is $280 million.
"We congratulate CVSL on its NYSE MKT listing," said R. Cromwell Coulson, President and CEO of OTC Markets Group. "In less than one year on OTCQX, CVSL achieved the milestones necessary to qualify for an exchange listing which is a testament to the strength of its growth strategy and ability to maximize the value of its public trading on OTCQX. We are proud to have helped contribute to CVSL's success as a public company as it takes this next step."
OTCQX is the marketplace of choice for established global and growth companies that are looking to execute their business plans and graduate to a U.S. stock exchange listing. CVSL is the eighth OTCQX company to graduate to the NYSE or NASDAQ this year. Other OTCQX graduates include: BioPath Holdings Inc., Cellectar Biosciences Inc., Gulf Coast Ultra Deep Loyalty Trust, Immune Pharmaceuticals Inc., Kelso Technologies Inc., RXI Pharmaceuticals Corp. and Sphere 3D Corp.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates Open, Transparent and Connected financial marketplaces for 10,000 U.S. and global securities. Through our OTC Link® ATS, we directly link a diverse network of broker-dealers that provide liquidity and execution services for a wide spectrum of securities. We organize these securities into marketplaces to better inform investors of opportunities and risks – OTCQX®, The Best Marketplace; OTCQB®, The Venture Marketplace; and OTC Pink®, The Open Marketplace. Our data-driven platform enables investors to easily trade through the broker of their choice at the best possible price and empowers a broad range of companies to improve the quality and availability of information for their investors. To learn more about how we create better informed and more efficient financial marketplaces, visit www.otcmarkets.com.
OTC Link ATS is operated by OTC Link LLC, member FINRA/SIPC and SEC regulated ATS.
SOURCE OTC Markets Group Inc.
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