Roseville, Minnesota – April 21, 2021 – SecureTech Innovations, Inc. (OTC: SCTH), an emerging growth company focused on developing and marketing personal and automobile security and safety devices and technologies, announces that it has submitted its application for uplisting to the OTCQB® Venture Market (OTCQB).
The OTCQB Venture Market, operated by OTC Markets Group Inc., is designed for developing and entrepreneurial companies in the U.S. and abroad. Companies must be current in their financial reporting and undergo an annual verification and management certification process, including meeting a minimum bid price and other financial conditions. With more compliance and quality standards, the OTCQB provides investors improved visibility to enhance trading decisions. The OTCQB is recognized by the Securities and Exchange Commission (SEC) as an established public market providing public information for analysis and value of securities.
Because we are currently experiencing robust sales growth from our Top Kontrol product line, combined with our corporate emphasis on investor transparency, Management believes that now is the time for SecureTech to uplist to the OTCQB as part of our larger, future plans to eventually uplist to NASDAQ.
SecureTech is concurrently applying to the Depository Trust Company (DTC) for DTC eligibility, allowing for electronic trading of our common stock and greatly simplifying the trading process of trading our shares.
Kao Lee, SecureTech’s President and CEO, stated, “We are pleased to have initiated the listing process of our common shares on the OTCQB. This move allows SecureTech to access a broader range of institutional and retail investors in the U.S. as we continue to grow our sales of Top Kontrol and introduce additional products and technologies in the future.”
The listing of SecureTech’s common shares on the OTCQB remains subject to the approval of the OTCQB and the satisfaction of applicable listing requirements. As more information becomes available on our OTCQB and DTC applications, we endeavor to keep our shareholders up to date on the status of both of these applications.
About OTC Markets Group
OTC Markets Group Inc. (OTCQX: OTCM) operates the OTCQX® Best Market, the OTCQB® Venture Market, and the Pink® Open Market for 11,000 U.S. and global securities. Through OTC Link® ATS and OTC Link ECN, we connect a diverse network of broker-dealers that provide liquidity and execution services. We enable investors to easily trade through the broker of their choice and empower companies to improve the quality of information available for investors. For more information, visit www.otcmarkets.com.
About SecureTech Innovations
SecureTech is an emerging growth company focused on developing and marketing personal and automobile security and safety devices and technologies – our products preserve life, protect property, and prevent crime. SecureTech is the maker of Top Kontrol®, the only anti-theft and anti-carjacking system known that can safely stop a carjacking without any action by the driver. For more information, visit www.securetechinnovations.com and www.topkontrol.com.
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Certain statements in this release, other than statements of historical fact, may include forward-looking information that involves various risks and uncertainties. There can be no assurance that such forward-looking statements will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. These and all subsequent written and oral forward-looking statements are based on the estimates and opinions of management on the dates they are made and expressly qualified in their entirety by this notice. SecureTech Innovations, Inc. (“SecureTech”) assumes no obligation to update forward-looking statements should circumstances or management’s estimates or opinions change, other than as required pursuant to applicable securities laws. For a description of additional risks and uncertainties, please refer to SecureTech’s filings with the Securities and Exchange Commission, including “Risk Factors” in its Annual Report filed on Form 10-K.