Vaccex Inc. (fka VCEX)

[nvidiaforgames]

WE WILL RUN BEFORE CE REMOVAL READ THIS:

https://insiderfinancial.com/favored-inc-otcmktsfvrd-is-todays-penny-stock-focus/174079/

On November 27, 2017, the OTC markets noted that it had been aware of certain “promotional activities concerning FVRD and its common stock encouraging investors to purchase shares via an unsolicited email campaign by a source unknown to the company.”

Please read the response given by the company:

“The Company would like to emphatically state to its shareholders and the general investing public that neither Favored, Inc., nor any member of its management team has ever initiated or participated in any promotion or awareness program for its common stock. Furthermore, neither the company nor any member of its management team authorized any 3rd party to engage in any promotion or awareness program on the company’s behalf. Favored, Inc. will fully comply with OTC Markets’ policies regarding fraudulent promotional activity and will correct and dispel any misleading information that the company becomes aware of. We look forward to curing this issue in the most expeditious manner possible.” Source

What will happen now and what’s our take?

In the press release, it was noted that the exchange had designated FVRD as Caveat Emptor for a minimum of 30 days. After this time period, the company will have to contact the exchange and explain the situation. Most of the times, this bad note is removed without any problem.

FVRD