Weyland Tech commences trading on the OTCQX U.S. Market
HONG KONG - (NewMediaWire) – September 12, 2017 – Weyland Tech, Inc. (OTCQX: WEYL), (“Weyland” or “Company”) a provider of mobile business applications, has qualified to trade on the OTCQX® Best Market. Weyland Tech upgraded to OTCQX from the OTCQB® Venture Market.
Weyland Tech begins trading today on OTCQX under the symbol “WEYL.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com. Weyland trades alongside over 400 U.S. and global securities on the OTCQX Market.
“We congratulate Weyland Tech on graduating from our OTCQB Venture Market to now trade on our OTCQX Best Market,” said Jason Paltrowitz, Executive Vice President of Corporate Services at OTC Markets Group. “OTCQX companies are distinguished by their high quality financial and operating standards and their commitment to providing a superior trading and information experience for their investors.”
“Upgrading to OTCQX is an important milestone for us, and puts Weyland Tech in the same market as many esteemed global companies, including some that are part of the Global Fortune 500. The combination of higher visibility and greater exposure to institutional investors is of paramount importance to our shareholders, management, and Board of Directors,” comments Brent Suen, Chief Executive Officer of Weyland Tech.
Weyland Tech was sponsored for OTCQX by Joseph Gunnar & Co., LLC, a qualified third-party firm responsible for providing guidance on OTCQX requirements and recommending membership.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates the OTCQX® Best Market, the OTCQB® Venture Market, and the Pink® Open Market for 10,000 U.S. and global securities. Through OTC Link® ATS, we connect a diverse network of broker-dealers that provide liquidity and execution services. We enable investors to easily trade through the broker of their choice and empower companies to improve the quality of information available for investors.
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About Weyland Tech Inc.
Weyland Tech’s “CreateApp” platform focuses on the Asia markets. The CreateApp platform is offered in 12 languages and enables small-medium-sized businesses (“SMB’s”) to create a mobile application (“app”) without the need of technical knowledge and background. SMB’s can increase sales, reach more customers and promote their products and services with a simple easy to build mobile app at an affordable and cost-effective manner, http://www.weyland-tech.com/
Safe Harbor Statement
This release contains certain “forward-looking statements” relating to the business of the Company. All statements, other than statements of historical fact included herein are “forward-looking statements.” The statements regarding the continued growth of the mobile app segment and the ability of the Company to continue its expansion into that segment and the ability of the Company to attract customers and partners and generate revenues. Often these forward-looking statements are identified by the use of forward-looking terminology such as “believes,” “expects” or similar expressions and involve known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks, and uncertainties, and these expectations may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this news release. The Company’s actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company’s periodic reports that are filed with the Securities and Exchange Commission and available on its website (http://www.sec.gov). Expressly, all forward-looking statements attributable to the Company or persons acting on its behalf are qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume any duty to update these forward-looking statements.