re: Let’s talk weed stocks in this thread

quote:

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Anaheim, CA – February 19, 2018 - LiveWire Ergogenics, Inc. (OTC: LVVV), a company focused on special purpose real estate acquisitions and the licensing and management of fully compliant “closed loop” turnkey facilities for the production of cannabis-based products and services in California, announced today that the Company’s application for up-listing to OTCQB is currently in the resubmission process. The Company’s application for up-listing to OTCQB was originally submitted to OTC late 2018 and includes two (2) years of audited financial statements and the 3rd Quarter 2018 Financial Statements complete with an extensive management discussion of the Company’s business. The Company has recently received comments from the OTC, which are currently being addressed by management and the Company’s outside accounting firm in order to resubmit the application “We opted to apply for the up-listing to OTCQB to provide our shareholders and new investors with optimal transparency to support increasing liquidity in our common stock. While the required re-submission will somewhat delay the effective date of our QB filing status, we are confident that this can be achieved within a reasonable time period”, stated Bill Hodson, CEO of LiveWire Ergogenics. “Moreover, we believe that trading on OTCQB, in combination with the recent grant of permits for the operation of two LiveWire cannabis nurseries and a state-wide distribution license in California, will generate enhanced exposure for our Company and expand our investor universe considerably. We anticipate being able to work through these comments expeditiously and will keep our investors posted on the progress of the application.” The OTCQB is considered by the U.S. Securities and Exchange Commission (SEC) as an “established public market” that determines the public market price of stocks for investors. Since the OTCQB requires audited financial statements and management certification and has strict reporting standards and compliance requirements, it dramatically increases transparency and credibility for the companies traded on the exchange. This increased credibility and visibility, typically resulting in improved liquidity and awareness.

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