SAN DIEGO--(BUSINESS WIRE)--AL International, Inc. (OTCQB: YGYI, formerly JCOF) (www.alintjcof.com), will begin trading today under the ticker symbol YGYI and anticipates trading within the OTCQX Marketplace as early as tomorrow.
The OTCQX® Marketplace is the highest market tier of the U.S. Over-the-Counter (OTC) market, providing investors with an objective measure to distinguish the best OTC-traded companies. To qualify for the OTCQX, companies must meet high financial standards, be current in their disclosure, and be sponsored by a professional third-party advisor. The quality-controlled OTCQX platform is designed to provide investors with transparent trading, superior access to information, and easy access through their regulated U.S. broker-dealers
Dave Briskie, AL International’s CFO, stated, “We are pleased to gain the exposure that we expect will come with being admitted to the OTCQX. We are proud that we are about to become part of this prestigious group of high quality U.S. and global companies that include, Adidas Group, Air France-KLM, Allianz, and Volkswagen AG to name a few.”
The innovative OTCQX platform is a highly visible electronic trading venue that offers companies and their investors a level of marketplace services formerly available only to the Nasdaq and New York Stock exchanges. According to figures released by OTCQX average monthly dollar volume per security is in excess of 6 million dollars.
"We are proud to be fully reporting, 100% transparent and looking forward to commencing trading under the new ticker symbol YGYI on the OTCQX. We believe that the superior information and broader visibility of the OTCQX marketplace will provide our company with greater market exposure and diversify our shareholder base,” said Steve Wallach, CEO of AL International.
Gracin & Marlow, LLP, www.gracinmarlow.com, acted as the company’s DAD (Designated Advisor for Disclosure) in connection with its application for listing on the OTCQX.
About AL International, Inc.
AL International, Inc. (OTCQB: YGYI, formerly JCOF) (www.alintjcof.com) is a fully-reporting, fast-growing, innovative, multi-dimensional company that offers a wide range of consumer products and services, primarily through person-to-person selling relationships that comprise a "network of networks." The Company also is a vertically-integrated producer of the finest coffees for the commercial, retail and direct sales channels. AL International was formed after the merger of Youngevity Essential Life Sciences (www.youngevity.com) and Javalution Coffee Company in the summer of 2011.
About Youngevity® Essential Life Sciences
Youngevity® Essential Life Sciences (www.youngevity.com), headquartered in San Diego, CA, is a nutrition and lifestyle-related services company dedicated to promoting vibrant health and flourishing economics. Founded in 1997 by Drs. Joel Wallach, DVM, ND, and Ma Lan, MD, as AL Global, Inc., the Company adopted the name Youngevity in 2006. Youngevity® is the only direct selling company to have a qualified FDA Health Claim. Dr. Wallach's work has been published in more than 70 peer-reviewed and referenced scientific journals and books.
About CLR Roasters
CLR Roasters (www.clrroasters.com) was established in 2001 and is a wholly-owned subsidiary of AL International. CLR Roasters produces coffees under its own Cafe LaRica brand, as well as under a variety of private labels through major national sales outlets and to major customers. It also produces a unique line of coffees with health benefits under the JavaFit® brand.
Safe Harbor Statement
This release includes forward-looking statements on our current expectations and projections about future events. In some cases forward-looking statements can be identified by terminology such as "may," "should," "potential," "continue," "expects," "anticipates," "intends," "plans," "believes," "estimates," and similar expressions. These statements are based upon current beliefs, expectations and assumptions and are subject to a number of risks and uncertainties, many of which are difficult to predict, including or continued growth, the timing of our listing on the OTCQX Marketplace and the intended benefits of trading on the OTCQX Marketplace. The information in this release is provided only as of the date of this release, and we undertake no obligation to update any forward-looking statements contained in this release based on new information, future events, or otherwise, except as required by law.