Zoned Properties, Inc. Approved To Trade On Otcqx(r) Best Market – Yahoo Finance

( ZDPY ) a strategic real estate development firm whose primary mission is to identify, develop, and manage sophisticated, safe, and sustainable properties in emerging industries, including the licensed medical marijuana industry, today announced that the company’s stock has been approved to trade on the OTCQX(R) Best Market. The company’s common stock previously traded on the Pink market. OTCQX is designed for established, investor-focused U.S. and international companies that have met high financial standards, are current in their financial reporting and have been sponsored by a professional third-party advisor. The OTCQX market is considered by the SEC as an “established public market” for the purpose of determining the public market price when registering securities for resale in equity line financings with the SEC. The Pink market is not considered an “established public market” by the SEC and many broker-dealers have restrictions around trading or recommending Pink stocks to investors. Trading on OTCQX indicates that a company is committed to providing a transparent market for its investors and maintaining high financial and operating standards. Bryan McLaren, Chief Executive Officer of Zoned Properties, stated, “Moving to the OTCQX market is a milestone in the development of our company as we establish ourselves as a fully-reporting entity, committed to providing timely and accurate financial information to shareholders and prospective investors. It is a major step towards increasing the liquidity of our stock and reaching a larger number of investors and more readily enables the execution of orders for our company’s stock.” About Zoned Properties, Inc. ( ZDPY ): Zoned Properties, Inc. is a strategic real estate development firm whose primary mission is to identify, develop, and manage sophisticated, safe, and sustainable properties in emerging industries.

To read more visit http://finance.yahoo.com/news/zoned-properties-inc-approved-trade-130000557.html

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