- CEO affirms “it is essential that our shareholders and other investors understand that we are committed to sharing information transparently”
- OTCQB helps companies build shareholder value with a goal of enhancing liquidity and achieving fair valuation
- HENC also hopes to engage several entities, individuals and influencers to post on social media sites
In a strategic move designed to inform and engage investors, Hero Technologies (OTC: HENC) has applied to the OTC Markets Group to list its common stock on the OTCQB marketplace (https://cnw.fm/GCq5v). The OTCQB Venture Market offers early-stage and developing companies the benefits of being publicly traded in the United States with lower cost and complexity than a U.S. exchange listing. Streamlined market standards enable companies to provide a strong baseline of transparency (https://cnw.fm/PPiat).
“As we continue reporting on the progress of our company and engage in marketing and stock awareness campaigns, it is essential that our shareholders and other investors understand that we are committed to sharing information transparently,” said Hero Technologies CEO Gina Serkasevich. “We fully embrace our obligation as a public company to provide accurate, timely disclosures of any information that could affect the trading market for our common stock.”
As a verified market with efficient access to U.S. investors, OTCQB helps companies build shareholder value with a goal of enhancing liquidity and achieving fair valuation. The market has set guidelines in place for companies interested in listing. To be eligible, companies must be current in their reporting and undergo an annual verification and management certification process. In addition, they must meet a $0.01 bid test and and have a public float in excess of 10% of the total shares outstanding, with at least 50 beneficial shareholders, each owning at least 100 shares.
In addition, HENC hopes to engage several entities, individuals and influencers to post on social media sites such as Twitter, Stocktwits, GETTR, Facebook and YouTube; other venues the company hopes to establish a presence on include Investor’s Hub, also known as iHub, and chat rooms or chat platforms such as Discord and Telegram. The company is also looking at using newsletters and media groups to disseminate core messages.
“For example,” continued Serkasevich, “we will keep investors closely aware of further developments in the Michigan cannabis market, where our subsidiary, BlackBox Systems and Technologies LLC, has received prequalification approval for a license to produce both recreational and medicinal cannabis. Michigan is one of the fastest-growing cannabis markets in the U.S., with monthly sales approaching $150 million, so it represents a significant opportunity for potential growth for our company.”
The OTCQB marketplace is run through OTC Link, an interdealer quotation and trading system registered with the Securities and Exchange Commission (“SEC”) as a broker-dealer and as an alternative trading system. OTCQB-listed companies must report to a U.S. regulator, such as the SEC, and follow standards for transparency, which HENC notes will only strengthen its position in the cannabis sector.
“Hero Technologies will abide strictly by the accuracy and transparency rules required of all OTCQB companies as we conduct any stock awareness campaigns through investor relations firms and on various communication channels, such as InvestorsHub, Discord, Telegram, Twitter and email,” said Serkasevich.
Hero Technologies is a cannabis company working toward a vertically integrated business model. The company owns a majority stake in BlackBox Systems and Technologies LLC, an aeroponic cannabis cultivation system that provides optimal growing conditions to enhance photosynthesis and cultivation of large flowering plants, creating increased harvest efficiencies. The company’s strategic business plan includes cannabis genetic engineering, farmland for both medical and recreational cannabis cultivation, production licenses, distribution licenses, consumer packaging, and retail and dispensary operations that make the company a multistate operator.
For more information, visit the company’s website at www.HeroTechnologiesInc.com.
NOTE TO INVESTORS: The latest news and updates relating to HENC are available in the company’s newsroom at https://cnw.fm/HENC
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