Fintech organization Investview announced on Thursday it is now trading shares on OTC Market’s OTCQX and will be displayed as INVU. The company revealed has been trading on the PINK and as one of the first actions of the management team after the recent acquisition, it applied for reinstatement to the OTC Markets exchange. Mario Romano, Director of IR and Finance at Investview, stated:
“We have experienced increased interest in our company from a shareholder perspective as our average monthly volume increased to 4.5 million from roughly 1 million shares. By moving to the OTC Market, we have taken the first step towards our long-term plan for our company and our shareholders.”
Founded in 2005, Investview explained its purpose is to provide state-of-the-art investment tools and proprietary systems. Its goal is to allow individual investors to take control of their own financial investments. The company operates primarily through its wholly- and majority-owned subsidiaries, to provide financial products and services to accredited investors, self-directed investors and select financial institutions.
The Investview news comes just after OTC Markets announced that Continental Stock Transfer & Trust has joined OTC Markets’ Transfer Agent Verified Shares Program. The organization revealed it launched the Transfer Agent Verified Shares Program initiative with the goal of providing investors current and reliable share data on OTCQX, OTCQB, and Pink securities. Liz Heese, Executive Vice President of Issuer and Information Services at OTC Markets Group, stated:
“We are pleased to welcome Continental as the 13th Transfer Agent to participate in the Transfer Agent Verified Shares Program. This further enhances our data-driven offerings and equips investors and broker-dealers with information to make more informed investment decisions.”