1 Jun 2022
Readen Holding Corporation (OTC Pink: RHCO) Announces Removal of "Yield Sign" on OTC Markets
READEN HOLDING CORPORATION (OTC PINK: RHCO), a Venture Capital Corporation which is active in the Fintech, Online Payment, and E-commerce industries, today announced the removal of the “Yield Sign” from its stock symbol page provided by OTC Markets.
RHCO has filed its financial statements for the quarter ending March 2022 with OTC Markets Disclosure & News Service in April. Yet during that process, there was a minor clerical error which caused the “Yield Sign”. Today, OTC Markets has removed the “Yield Sign” and moved RHCO back in the “Pink Current” tier.
RHCO is in the process of full audit and aims to be uplisted to OTCQB in the near future.
Richard Klitsie, CEO of RHCO stated, “We are very pleased that the ‘yield sign’ has now been removed by OTC Markets and RHCO is now back to the ‘Pink Current’ status. We have commitment to maintain higher standards of corporate transparency; thus, we had clear communication about this ‘yield sign’ situation through various channels including social media. Our team has been working very hard on the uplisting process, and we are confident that RHCO will be uplisted to OTCQB very soon. We expect the momentum of RHCO to be increasing continuously as we approach this milestone.”