Charlotte, NC, Sept. 18, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- XSport Global, Inc.(OTCQB: XSPT) (“XSport Global” or the “Company”), a leading youth and collegiate sports technology and media holding company focused on developing disruptive sports-centric technologies and related media projects around the world, today announced the Company has fulfilled all OTCQBVenture Market requirements and investors are able to purchase shares of the Company’s stock.
“Trading on a larger market represents a significant accomplishment and an important corporate milestone for XSport Global,'' stated Robert Finigan, Chief Executive Officer. ''We thank our current investors and shareholders, and are confident that the move will provide us access to an even larger investor audience, greater access to capital and provide increased visibility in the marketplace. Because the OTCQB dramatically increases transparency, reporting standards, management certification and compliance requirements, the majority of broker-dealers trade stocks on the OTCQB.”
XSport Global, Inc., formerly TeleHealthcare, Inc., merged with North Carolina-based HeadTrainer, Inc. As a result, the Company changed its corporate name to XSPORT GLOBAL, INC. and was issued the stock ticker symbol XSPT.
“Our name is tied to our focus—which is solely on building a competitive portfolio of disruptive products and services that provide youth athletes with an extra performance and competitive edge, or as we call it, the ‘X-Factor’,’’ Mr. Finigan explained. He added, “During the re-branding process, we were looking for the perfect identity for our new Company, and we believe our name perfectly reflects our vision. We are relentlessly pursuing technology projects that are in lock step with our corporate mission—these include cognitive training applications, DNA and Genetic testing, personalized supplementation regimens, recruiting and scouting, team communications, digital marketing, and much more. Combined with our growing roster of professional athletes and sports teams, we hope to give our customers the unique ability to compete at a higher level than the rest of the competition. Our youth sports model works, and we are ready to take our platform to the next level on a global scale.”
“We congratulate XSport Global on upgrading to the OTCQB Venture Market,” said Jason Paltrowitz, Executive Vice President of Corporate Services at OTC Markets Group. “We look forward to supporting XSport Global and it shareholders."
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995.
Statements in this press release that are not strictly historical are “forward-looking” statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. These statements involve a high degree of risk and uncertainty, are predictions only and actual events or results may differ materially from those projected in such forward-looking statements.
U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for Sport Global on www.otcmarkets.com.
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 and OTC Link ECN, 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 and OTC Link ECN are operated by OTC Link LLC, member FINRA/SIPC and SEC regulated ATS.
OTC Markets, OTCQX, OTCQB, Pink and OTC Link are registered trademarks of OTC Markets Group Inc.
About XSport Global, Inc.
XSport Global, Inc. (OTCQB:XSPT) is a leading youth and collegiate sports technology and media holding company focused on developing disruptive sports-centric technologies and related media projects around the world, where sports industries and players are highly regarded. Backed by a roster of professional athletes and brand ambassadors, we seek to help athletes achieve their full potential through cognitive training, careers, genetics, recruiting and more. Our flagship company HeadTrainer, Inc was established to create, develop, promote, market, produce, and distribute online/mobile application cognitive training tools initially intended for the youth, millennial, and adult sports markets. The mobile platform was designed and developed in careful coordination with a team of professionals from the fields of science and medicine, and world-class athletes from a variety of sports. Visit www.xsportglobal.com and www.headtrainer.com for more information.