Breaking #AI #Stock News: LZG International,
Inc. (FatBrain AI) (OTCQB: $LZGI) Announces Uplisting to #OTCQB® Venture Market;
@Fatbrainai #artificialintelligence
NEW YORK, NY - October 11, 2022 (Investorideas.com
Newswire) LZG International, Inc. (FatBrain AI) (OTCQB: LZGI),
the leader in powerful and easy-to-use artificial intelligence (AI) solutions
empowering global growth businesses, is pleased to announce its successful
uplisting to the OTCQB Venture Market. FatBrain AI commenced trading on the
OTCQB when the market opened on Monday, October 10, 2022, under the symbol
"LZGI".
Read this news, featuring LZGI in full at https://www.investorideas.com/CO/LZGI/news/2022/10111Uplisting-OTCQB.asp
FatBrain AI believes the move to
the OTCQB will provide enhanced investor benefits including higher reporting
standards, greater access to analyst coverage and news services, and more
comprehensive compliance requirements to both existing and prospective
shareholders. Historically, companies that have made the move up to the OTCQB
tier have experienced increased investor awareness, greater liquidity and
visibility of their common stock.
Peter B. Ritz, co-founder and CEO of FatBrain AI,
said, "Uplisting to the OTCQB is a milestone reached resulting from a
FatBrain team committed to making our company stronger, more transparent, and
its shares made available to a broader class of investors." He added,
"Still, it's just one step in a much longer strategy to create more
significant shareholder value by bringing to market the most advanced AI-fueled
technology enabling clients across multiple industries and of all sizes to
compete effectively and advance their company-specific journeys with industry
knowledge once reserved for the industry behemoths."
"Our mission at FatBrain AI
is to equip entrepreneurs and mid-market businesses with simple to use AI
solutions that will help them reclaim time, save money and boost their bottom
lines," said Shawn Carey, Chief Operating Officer at FatBrain AI. "We
look forward to showcasing our AI solutions on the global business stage and
thank the OTCQB markets for helping facilitate that mission."
About
LZG International, Inc. (FatBrain AI) (OTCQB:LZGI):
FatBrain AI provides powerful and
easy-to-use AI solutions to empower the star enterprises of tomorrow (aka
mSMEs) to grow, innovate, and drive the majority of the global economy.
FatBrain's AI 2.0 technologies and advanced data services transform continuous
learning, narrative reasoning, cloud and blockchain technologies into
auditable, explainable and easy to integrate AI solutions. FatBrain's
subscription model allows all companies to deploy its advanced AI solutions
quickly and easily, securely utilizing them on premises behind their firewalls
or via cloud. FatBrain's global footprint includes design and development
centers in the US, India, Kazakhstan and the UK.
For more information, please visit: https://www.fatbrain.ai
About OTC Markets Group and the OTCQB Venture Market:
OTC Markets Group Inc. operates
financial markets for 12,000 U.S. and global securities with securities
organized into three markets based on the quality and timeliness of information
a company provides to investors: the OTCQX® Best Market, the OTCQB® Venture
Market, and the Pink® Open Market. OTC Markets utilizes the power of technology
to make markets more efficient, empowering a broad range of companies to
improve their investor experience - all without the cost, complexity and
resource drain common with an exchange listing.
The OTCQB® Venture Market is for
entrepreneurial and development stage U.S. and international companies. To be
eligible, companies must be current in their reporting and undergo an annual
verification and management certification process. Companies must meet a $0.01
bid test and may not be in bankruptcy. These standards provide a strong
baseline of transparency to improve the information and trading experience for
investors.
For more information, please
visit: https://www.otcmarkets.com.
Safe
Harbor Statement
This release does not constitute
an offer to sell or a solicitation of offers to buy any securities of any
entity. This release contains certain forward-looking statements based on our
current expectations, forecasts and assumptions that involve risks and
uncertainties. Forward-looking statements in this release are based on
information available to us as of the date hereof. Our actual results may
differ materially from those stated or implied in such forward-looking
statements, due to risks and uncertainties associated with our business, which
include the risk factors disclosed in our Form 10-K filed with the Securities
and Exchange Commission on September 13, 2022. Forward-looking statements
include statements regarding our expectations, beliefs, intentions, or
strategies regarding the future and can be identified by forward-looking words
such as "anticipate," "believe," "could,"
"estimate," "expect," "intend," "may,"
"should," and "would" or similar words. All forecasts
provided by management in this release are based on information available at
this time and management expects that internal projections and expectations may
change over time. In addition, the forecasts are based entirely on management's
best estimate of our future financial performance given our current contracts,
current backlog of opportunities and conversations with new and existing
customers about our products and services. We assume no obligation to update
the information included in this press release, whether as a result of new
information, future events or otherwise.
CONTACT:
Dennis Carey
dennis.carey@fatbrain.ai
SOURCE LZG International, Inc.
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