Verde Bio Holdings, Inc. Now Trading Under OTCQB Market
Verde Bio Holdings, Inc. (“Verde Bio”), a U.S. public holdings company positioned in the energy sector, began trading Friday, October 22 on the OTCQB Venture Market under the symbol VBHI. Verde Bio was granted eligibility for this filing after submitting qualifying financial information, verifications, and certifications which also granted it “Penny Stock Exempt” status through the SEC
Verde Bio’s Penny Stock Exempt status eliminates the penny stock limitations and paperwork that previously made it difficult to sell shares, most importantly meaning that brokers and dealers will be able to recommend the stock to its clients. Verde Bio CEO Scott Cox sees this as a “significant achievement” and a move that aligns with the company’s business plan.
Verde Bio engages in acquisitions and other business matters with oil and gas properties in over 300 wells across the U.S. According to the company site, its “organizational growth strategy relies heavily on leveraging the vast knowledge of our experts in the sector to grow the company and utilize their unique knowledge and abilities along with the technical and scientific expertise of the world-class E&P companies operating the properties.”
“We are proud of our progress over the past year as a public Company, building a dynamic Company with a significant portfolio of revenue producing assets,” Cox said. “The move to OTCQB is another important step for the Company and, combined with the recent Penny Stock Exempt Designation, will significantly enhance Verde Bio Holdings’ visibility in the public markets and contribute to broadening our shareholder base.”
You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person. You understand that the Content on the Site is provided for information purposes only, and none of the information contained on the Site constitutes an offer, solicitation or recommendation to buy or sell a security.