04.05.2017 13:00:00
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OTC Markets Group Welcomes Online Vacation Center Holdings to OTCQX
NEW YORK, May 4, 2017 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, today announced Online Vacation Center Holdings Corp. (OTCQX: ONVC), a Florida holding company with a portfolio of travel marketing entities, has qualified to trade on the OTCQX® Best Market. Online Vacation Center Holdings upgraded to OTCQX from the Pink® market.
Online Vacation Center Holdings begins trading today on OTCQX under the symbol "ONVC." U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
"Trading on OTCQX will enable Online Vacation Center to provide a transparent trading and information experience for investors as it focuses on growing its business and delivering long-term value to shareholders," said Jason Paltrowitz, Executive Vice President of OTC Markets Group. "We welcome Online Vacation Center to the OTCQX market and wish the company growth and success."
Stephen Rudner, President of Online Vacation Center Holdings Corp. stated "Upgrading to the OTCQX market from the Pink® market demonstrates our commitment to providing financial transparency and liquidity to our shareholders and prospective shareholders. This upgrade, our recent increase in annual dividend, and our shareholder benefit program are all initiatives that work towards providing value to our shareholders."
Online Vacation Center Holdings was sponsored for OTCQX by Legal & Compliance, LLC, a qualified 3rd party firm responsible for providing guidance on OTCQX requirements and recommending membership.
The portfolio of Online Vacation Center Holdings Corp. travel companies includes Online Vacation Center, one of the country's largest cruise retailers; Dunhill Travel Deals, a media company publishing travel deals with more than 40 partner websites and distributing vacation & cruise offers to an email subscriber list reaching 3% of the U.S. population; Enrichment Journeys, a developer and seller of unique river, ocean, and land vacation packages; Luxury Link, a unique online destination for inspiration and information on the world's best destinations, luxury accommodations, and curated travel experiences, and Expedia CruiseShipCenters®, OVC, an Expedia CruiseShipCenters® franchise hosting independent travel consultants. The Company, based in Fort Lauderdale, Florida, has been in business since 1972.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates the OTCQX® Best Market, the OTCQB® Venture Market, and the Pink® Open Market for 10,000 U.S. and global securities. Through OTC Link® ATS, 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.
To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com
OTC Link ATS is operated by OTC Link LLC, member FINRA/SIPC and SEC regulated ATS.
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Media Contact:
OTC Markets Group Inc., +1 (212) 896-4428, media@otcmarkets.com
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/otc-markets-group-welcomes-online-vacation-center-holdings-to-otcqx-300450781.html
SOURCE OTC Markets Group Inc.
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