PUDO Inc. approved for trading on OTCQB venture marketplace
PUDO Inc. (Pick Up Drop Off) has started trading of its common shares on the OTCQB, the venture exchange for entrepreneurial and development stage companies in the United States. Commenting on the move, Frank Coccia, Chief Executive Officer of PUDO, said: “This is another major milestone that PUDO has reached this year on the heels of our recent listing on the Canadian Securities Exchange in July.
“We believe the OTCQB listing will further enhance our liquidity, provide better access to U.S. investors and will ultimately contribute to increasing shareholder value over time.”
In a statement posted today (1 December) about the OTCQB development, the company also said that there are currently 5,000 PUDO Point dealers signed up across North America, and the network is continuing to grow.
PUDO added that it has also established an affiliate click-through programme with a number of retailer including Amazon, eBay, Hudson’s Bay, and Walmart. The agreements allow PUDO members to access these retailers through the PUDO site and have their parcels delivered to their nearest PUDO Point instead of their home address.
