TAAL Distributed Information Technologies Inc. (CSE: TAAL) (FWB: 9SQ1) (OTC: TAALF) (“TAAL” or the “Company”), a vertically integrated, blockchain infrastructure and service provider, began trading today under the symbol “TAALF” on the OTCQX® Best Market, the top tier of OTC Markets in the United States.
Upgrading to the OTCQX® Best Market, from the Pink® Open Market, provides a stronger and more efficient platform to trade within the United States which facilitates greater transparency for our current and future U.S. investors. To qualify for OTCQX® Best Market, TAAL met and must continue to meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws.
“This year TAAL has undergone significant operational changes and reached many corporate milestones, such as transitioning to a transaction processor and welcoming new clients to our business,” said Jerry Chan, CEO of TAAL. “These changes have all been in support of our five-year strategic plan that places transaction processing at the core of our business, and are the first of many more noteworthy achievements and exciting announcements to come in the next few months. We are committed to upholding best practices in corporate governance and financial reporting as we continue to accelerate our strategic plan to further grow market share and continue to penetrate this new market. Upgrading to the OTCQX® Best Market demonstrates our commitment to transparency and professionalism, and is an important step toward improving liquidity in our stock as we continue to focus on driving shareholder value.”