CODA OCTOPUS GROUP INC. MOVES TO OTCQX® BEST MARKET
CODA OCTOPUS GROUP INC. MOVES TO OTCQX® BEST MARKET
LAKELAND, FL, January 19th, 2017 - Coda Octopus Group, Inc. (CODA) (CDOC). Coda Octopus Group, Inc. ("Coda") today announced that the Company has qualified to trade on the OTCQX® Best Market. Coda Octopus has therefore now upgraded to OTCQX from the Pink® market.
Coda Octopus has been up-listed to the OTCQX and begins trading today on OTCQX under the symbol CDOC, with CDOCD until February 8, 2017. U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
Annmarie Gayle, Group CEO of Coda Octopus commented, "We are pleased to make the move to top-tier OTCQX, which marks the latest step in the Group`s growth plans. We believe that OTCQX gives us the ideal platform to reflect the Company`s growth and prospects, and therefore is an important step to maximizing shareholders` value."
Coda Octopus was sponsored for OTCQX by Louis A. Brilleman, Esq., a qualified third party firm responsible for providing guidance on OTCQX requirements and recommending membership.
About Coda Octopus Group, Inc.
Originally founded in 1994 as Coda Technologies, the Coda Octopus Group`s patented real-time 3D subsea sonar technology, Echoscope®, enables real-time 3D imaging and mapping in zero visibility conditions underwater, and is used globally in numerous applications including defense, marine construction, oil and gas subsea infrastructure installation and surveys, and port and harbor security. For further information, please visit http://www.codaoctopusgroup.com or contact Coda Octopus at info@codaoctopusgroup.com.
Forward Looking Statement
This press release contains forward-looking statements concerning Coda Octopus Group, Inc. within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Those forward-looking statements include, without limitation, statements regarding the Company`s expectations for the growth of the Company`s operations and revenue. Such statements are subject to certain risks and uncertainties, and actual circumstances, events or results may differ materially from those projected in such forward-looking statements. Factors that could cause or contribute to differences include, but are not limited to, customer demand for our products and market prices; the outcome of our ongoing research and developments efforts relating to our products including our patented real time 3D solutions; our ability to develop the sales force required to achieve our development and those other examples of forward looking statement set forth in our annual report for the year ended October 31, 2015 filed with the OTC Markets on February 26, 2016 and subsequently filed quarterly reports. Coda Octopus Group, Inc. does not undertake, and specifically disclaims any obligation to update or revise such statements to reflect new circumstances or unanticipated events as they occur.
Contact:
MDC Group
Investor Relations:
David Castaneda
Arsen Mugurdumov
414.351.9758
Media Relations:
Susan Roush
805.624.7624
This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Coda Octopus Group, Inc. via GlobeNewswire
HUG#2072350
