Mr. David Lucatch reports
LIQUID AVATAR TECHNOLOGIES INC. COMMENCES TRADING ON THE OTCQB
Liquid Avatar Technologies Inc.'s common shares have begun trading on the OTCQB Venture Market under the symbol LQAVF, effective June 9, 2021. The company's shares will continue to trade on the Canadian Securities Exchange under the symbol LQID.
"We are excited to be able to offer our current and future U.S. [United States] investors the opportunity to trade on the OTCQB market," said David Lucatch, chief executive officer. "This is the first step in expanding our regulated market activities beyond our initial listing on the Canadian Securities Exchange as we take our worldwide digital identity and verifiable credentials platform to global financial markets."
The company believes that trading on the OTCQB Venture Market is an extension of its capital market strategy and will allow accessibility to a broader range of U.S. investors, as well as increase liquidity in the United States. The company previously traded in the United States under the symbol TRWRF on the Pink Open Market. The OTCQB Venture Market is intended for entrepreneurial and development-stage U.S. and international companies, providing the benefits of being publicly traded in the United States, and is operated by OTC Markets Group Inc.
The company also reports that it is in the process of completing its application for Depository Trust Company eligibility. DTC is a subsidiary of Depository Trust & Clearing Corp., which manages the electronic clearing, settlement and transfer of shares for publicly traded companies.
About Liquid Avatar Technologies Inc.
Liquid Avatar Technologies, through its wholly owned subsidiary, KABN Systems North America Inc., focuses on the verification, management and monetization of self-sovereign identity, empowering users to control and benefit from the use of their on-line identity.
The Liquid Avatar app, available in the Apple App Store and on Google Play, is a verified self-sovereign identity platform that empowers users to create high-quality digital icons representing their on-line personas. These icons allow users to manage and control their digital identity and verifiable access and identity credentials, and to use Liquid Avatars to share public and permission-based private data when they want and with whom they want.
Liquid Avatar Technologies has a suite of revenue-generating programs that support the Liquid Avatar program, including KABN KASH, a cashback and reward program that has greater than 400 leading on-line merchants, and, coming soon, an integrated offering engine. In Canada, Liquid Avatar also has the KABN Visa Card, a card and mobile app platform that allows users to manage and control a range of financial services for traditional and digital currencies. The company is currently exploring the expansion of the KABN Visa program to other geographic regions, including the United States.
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