Direct Equity International Inc. (OTCMKTS:DEQI) focuses after announcing another milestone in its process to meet OTC Markets’ filling requirements after submitting its previous financial statements, legal opinions, and disclosures. The company’s management is pleased to announce that DEQI has received Pink Current information status from OTC.
CEO Robert Milstein said that the company had met the requirements necessary to obtain Pink Current status. In addition, he noted that DEQI had received a green light to proceed, and they will remain focused on financial reporting obligations.
Elias Tobias, the company’s COO, said that he believes that Green Touch Awareness is the owner of the largest cannabis and hemp niched name collection domain globally. He added that now that DEQI has received the Pink Current status, the work at hand is putting the domain names into operation. Tobias explained that it had taken almost a decade to build the collection, and now they are ready to begin hiring and ramp-up. With the Pink Current status, DEQI is a stock to watch in the coming months.
Market Reaction:
On Wednesday, DEQI stock fell 7.50% at $0.0149 with more than 25.44 million shares, compared to its average volume of 1.05 million shares. The stock has moved within a range of $0.0149 – 0.0430 after opening the trade at $0.0165.
