WILTON MANORS, Fla., Sept. 21, 2021 (GLOBE NEWSWIRE) -- LGBTQ Loyalty Holdings, Inc. (OTC PINK: LFAP) (“LGBTQ Loyalty”) (“the Company”), a diversity- and inclusion-driven financial methodology and data company, announces that it has submitted its application for uplisting to the OTCQB® Venture Market (OTCQB). The application process will not guarantee acceptance of the Company's submission by OTCMARKETS from the PINKS to OTCQB.
The OTCQB Venture Market, operated by OTC Markets Group Inc., is designed for developing and entrepreneurial companies in the U.S. and abroad. Companies must be current in their financial reporting and undergo an annual verification and management certification process, including meeting a minimum bid price and other financial conditions. With more compliance and quality standards, the OTCQB provides investors improved visibility to enhance trading decisions. The OTCQB is recognized by the Securities and Exchange Commission (SEC) as an established public market providing public information for analysis and value of securities.
"We are very excited to have filed our application for the opportunity to be uplisted to the OTCQB Venture Market. This is a major milestone that we envisioned after we prioritized the launch of our methodology and financial product,” said Bobby Blair, CEO of LGBTQ Loyalty Holdings. "We are pleased to take this next step in our journey of creating a broader outreach to the investment community on our unwavering pursuit for Advancing Equality in Corporate America."
The listing of LGBTQ Loyalty’s common shares on the OTCQB remains subject to the approval of the OTCQB and the satisfaction of applicable listing requirements. As more information becomes available on our OTCQB application, we will keep our shareholders up to date on the status.
About LGBTQ Loyalty Holdings, Inc.
LGBTQ Loyalty is a diversity- and inclusion-driven financial methodology and data company that quantifies corporate equality alignment with the LGBTQ community and minority interest groups. The Company has benchmarked the first-ever U.S. Loyalty Preference Index, which it believes empowers the LGBTQ community to express their preferences for the nation’s high-performing corporations most dedicated to advancing equality. The Loyalty Preference Index, branded as LGBTQ100 ESG Index, is an environmental, social and governance (ESG) index, offering an added perspective for those seeking to align with equality-driven, ESG-responsible corporations. LGBTQ Loyalty’s leadership includes seasoned authorities in the financial industry and LGBTQ community. For more information, please visit www.lgbtqloyalty.com.
This press release does not constitute an offer to sell or a solicitation of an offer to buy securities or assets of LGBTQ Loyalty Holdings.
Safe Harbor: This Press Release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are based on the current plans and expectations of management and are subject to a number of uncertainties and risks that could significantly affect the company's current plans and expectations, as well as future results of operations and financial condition. A more extensive listing of risks and factors that may affect the company's business prospects and cause actual results to differ materially from those described in the forward-looking statements can be found in the reports and other documents filed by the company with the Securities and Exchange Commission at www.sec.gov and OTC Markets, Inc. https://www.otcmarkets.com OTC Disclosure and News Service. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
The recipient of this information is cautioned not to place undue reliance on forward - looking statements. No representations or warranties are made as to the accuracy of such forward - looking statements or whether any of the projections included herein will be realized.
Gregory FCA for LGBTQ Loyalty Holdings
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