EPHS Holdings, Inc. (the Company) (OTCQB:STNN), a development stage company, is excited to announce that the Company, after fulfilling all the requirements of the U.S. Securities and Exchange Commission (“SEC”) has been officially approved by the OTC Markets Group (the “OTC”) to transition shares from the Pink Sheets and onto the OTCQB “Venture Market” tier.
Because the OTCQB dramatically increases transparency, reporting standards, management certification and compliance requirements, the majority of broker-dealers trade stocks on the OTCQB. The OTCQB is considered by the SEC as an established public market for the purpose of determining the public market price when registering securities for resale with the SEC. The OTC Pink is not considered as such and most broker-dealers will not trade or recommend OTC Pink stocks.
EPHS Holdings President and CEO, Gianfranco Bentivoglio, commented, “The approval to transition from the Pink Sheets onto the OTCQB after having recently received approval for our name change allows us to unveil in the coming days our complete and detailed business model. We have been in negotiations with several parties throughout the course of 2018 prior to finalizing our decision which will be best for both immediate growth potential and for the greatest benefit of shareholders and future shareholders.”
The current Outstanding Shares and Float are correcting reflected on OTCMarkets: 58,625,892 and 6,358,936, respectively.
The Company plans to reveal their detailed business model on October 15, 2018 on their website www.ephsholdings.com.
EPHS Holdings, Inc. is a SEC reporting company that acts as a holding company. Updates on other corporate activities will be contained in the Companys next news release. Statements in this release may be regarded, in certain instances, as “forward-looking statements” pursuant to certain sections of the Securities Act 1933 and the Securities Exchange Act 1934, respectively. “Forward-looking statements” are based on expectations, estimates and projections at the time the statements are made, and involve risks and uncertainties, which could cause actual results or events to differ materially from those currently anticipated, including, but not limited to delays, difficulties, changed strategies, or unanticipated factors or circumstances affecting EPHS Holdings, Inc. and its business. There can be no assurance that such forward-looking statements will ever prove to be accurate and readers should not place undue reliance on any such forward-looking statements contained herein.