FutureLand Corp. (FUTL) announces today that on June 21, 2017, the Company was notified by OTC Markets Group since the 180-day grace period to cure the bid price (of more than a penny per share) deficiency was not accomplished, the company was moved from OTCQB to OTC Pink Current Information June 22, 2017. All companies trading OTCQB must remain within the continued standards as found in Section 2 of the OTCQB Eligibility Standards. The company’s services will remain active until the end of our service period, however, if we cure our compliance issue, meet all the OTCQB Eligibility Standards we will apply for re-qualification for the OTCQB marketplace.
The delisting from OTCQB to OTC Pink Current Information was not business related. FutureLand has been moving rapidly in executing its business plan through its successful progress in its Oregon land and its first of many ongoing marijuana grow development which will be harvested around October. The Company will also be announcing exciting new development on its ongoing M&A projects and licensing in other States in the next few days and weeks. The Company and its management are working diligently to develop a sustainable business model not for the next few months but for many years to come. Although our stock price may fluctuate short term, with fine-tuning of our business model, we will guarantee success for the Company and its shareholder for years to come.
Company is expected to reapply to OTCQB when deficiency is cured.
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