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Screenshot of a breaking news alert e-mail from Q2 2017
OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, has announced Poydras Gaming Finance Corp. (TSX-V: PYD; OTCQX: PYDGF), a regional slot route operator in Oklahoma and Texas, has qualified to trade on the OTCQX® Best Market. Poydras upgraded to OTCQX from the Pink® market.
Poydras begins trading today on OTCQX under the symbol PYDGF. U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on their website.
Jason Paltrowitz, Executive Vice President of OTC Markets Group, commented:
We are pleased to welcome Poydras to our family of established, investor-focused OTCQX companies. Upgrading from the Pink market to trade on OTCQX will allow Poydras to provide a high-quality and transparent public trading market for its investors as it focuses on growing its business for the future.”
Peter Macy, CEO of Poydras, added:
With our operations in the United States, we believe that trading there is a natural fit and that upgrading to OTCQX will further broaden our shareholder base with increased ease of access to our shares for U.S. based investors. We are pleased to have our Company’s shares qualify to trade on OTCQX, and as we embark upon our next stage of growth I look forward to increased outreach to U.S. based investors.”
McMillan LLP serves as Poydras’ OTCQX Advisor, responsible for providing professional guidance on OTCQX requirements.
Poydras is a regional slot route operator with approximately 2,500 revenue-generating gaming machines across Oklahoma and Texas. The company provides slot machines and related capital expenditures under short- and long-term contracts for existing casinos, new casino developments and gaming machine suppliers in the United States.