PLEASANT HILL, Calif.--(BUSINESS WIRE)--Textmunication Holdings, Inc. (OTCQB: TXHD) (“Company”), a cloud-based communication technology holding company, announced the Company has qualified to trade on the OTCQB Market. The Company believes the move to the OTCQB Market provides investor benefits including higher reporting standards, access to analyst coverage, increased Market Maker presence and compliance requirements.
“Textmunication has been a fully-reporting company since we became public in 2014 and we feel trading on OTCQB is the logical step in the progression of the company,” stated CEO, Wais Asefi. “We are currently engaged with the investment community as we seek to grow our holding company with new assets and acquisitions, and qualifying for the OTCQB Market provides transparency, confidence and credibility our potential investors demand.”
Since the OTCQB Market increases transparency, reporting standards, management certification and compliance requirements, many broker-dealers trade stocks on the OTCQB Market. The Company will continue to trade under the symbol “TXHD”.
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About Textmunication Holdings, Inc.
Based in Silicon Valley, Textmunication Inc. is a leading mobile marketing solutions provider to more than a thousand clients across North America. An early adopter of next-generation text message protocol Rich Communication Services (RCS), the Company currently leverages its proprietary SMS software platform to deliver robust APIs and integrated solutions to a diverse range of end users including health and fitness facilities, beauty salons, sporting events, hospitality organizations, entertainment and digital marketing firms. Committed to ongoing innovation, Textmunication was recognized by CIO Review Magazine as one of the “Top 20 Most Promising Digital Marketing Solution Providers” of 2018. For more information: www.textmunication.com
Safe Harbor Provision:
Except for the statements of historical fact contained herein, the information presented in this news release constitutes “forward-looking statements” made pursuant to the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. You are cautioned not to place undue reliance on any forward-looking statements in this press release as they reflect Textmunication Holdings’ current expectations with respect to future events and are subject to risks and uncertainties that may cause actual results to differ materially from those contemplated. Potential risks and uncertainties include, but are not limited to, the risks described in Textmunication Holdings’ filings with the Securities and Exchange Commission. Accordingly, readers should not place undue reliance on forward-looking statements contained in this news release and any document referred to in this press release.