July 26, 2012
Bingo.com Announces Trading on the OTCQB
ANGUILLA, B.W.I., July 26, 2012 / Bingo.com, Ltd. (OTCQB: BNGOF), owner of the popular online gaming community http://www.bingo.com, today announced that its shares are now trading on the OTCQB marketplace through OTC Markets Group’s OTC Link® quotation platform. The Company’s shares no longer trade on the OTCBB quotation system.
“Many market makers and broker-dealers prefer an online electronic trading system such as the OTC Link ATS,” said Jason Williams, CEO of Bingo.com. “Because of this fact, many broker-dealers have moved away from the telephone-based OTCBB trading system, preferring to trade using the OTC Link platform. Therefore, Bingo.com’s move to the OTCQB marketplace and onto the OTC Link system is a positive change that will make trading our stock more transparent and efficient.”
According to otcmarkets.com, over 900 publicly traded companies have recently moved from being quoted dually (OTCBB and OTC Link) to being quoted exclusively on the OTC Link platform. Priced quotes published on OTC Link comprise 99% of priced quotes in the OTC marketplace. The quoted company movement and the level of quoting activity indicate the support that market makers and broker-dealers have provided for the electronic OTC Link system, with an increasing trend of quoting exclusively on this platform.
Shareholders and potential investors can now obtain detailed Bingo.com, Ltd. trading information including real-time bid and ask quotes at http://www.otcmarkets.com/stock/BNGOF/quote. Other services will continue to display Bingo.com’s share price information and press releases.
For more information about OTC Markets Group, visit their web site at www.otcmarkets.com.
For full details of the Companies operations and financial results, please refer to the Securities and Exchange Commission website at www.sec.gov or the Bingo.com corporate website at http://corporate.bingo.com.
About Bingo.com
Bingo.com, Ltd. (OTCQB: BNGOF) is the parent company of the Bingo.com group of companies which own the popular online gaming community http://www.bingo.com. The Bingo.com website offers multiplayer bingo, slot machines, sweepstakes, and more. Players come together from around the world to chat, share, play and win at Bingo.com. The Bingo.com website has attracted millions of visitors from over 200 countries and is one of the most recognized and most visited bingo entertainment destinations on the Internet. Bingo.com operates its multi-language and multi-currency bingo and casino system as part of the Unibet partner program (http://www.poweredbyunibet.com). Bingo.com, Ltd. (OTCQB: BNGOF) trades on the OTCQB, the venture marketplace for companies that are current in their reporting with a U.S. regulator. Investors can find real rime quotes and market information for the Company at http://www.otcmarkets.com/stock/BNGOF/quote.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates the world’s largest Open, Transparent and Connected financial marketplace platform. Our OTC Link® ATS directly links a diverse network of broker-dealers that provide liquidity and execution services in almost 10,000 equity and debt securities. We organize these securities into marketplaces to inform investors of opportunities and risks – OTCQX® – The Intelligent Marketplace for the Best OTC Companies; OTCQB® – The Venture Marketplace; and OTC Pink® – The Open Marketplace. Our information and data-driven platform enables trading through any broker at the best possible price and empowers companies to improve the quality and availability of information for their investors. To learn more about how we create smarter financial marketplaces, visit www.otcmarkets.com.
OTC Link ATS is operated by OTC Link LLC, member FINRA/SIPC and SEC registered ATS.
The Private Securities Litigation Reform Act of 1995 provides a “safe harbor” for forward-looking statements. Certain information included in this press release (as well as information included in oral statements or other written statements made or to be made by the company) contains statements that are forward-looking, such as statements relating to anticipated future success of the company. Such forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future and, accordingly, such results may differ materially from those expressed in any forward-looking statements made by or on behalf of the company. For a description of additional risks and uncertainties, please refer to the company’s filings with the Securities and Exchange Commission. Specifically, readers should read the Company’s Annual Report on Form 10-K, filed with the SEC on March 29, 2012, and the prospectus filed under Rule 424(b) of the Securities Act on March 9, 2005 and the SB2 filed July 17, 2007, for a more thorough discussion of the Company’s financial position and results of operations, together with a detailed discussion of the risk factors involved in an investment in Bingo.com, Ltd.
For more information contact:
- Henry Bromley
- CFO
- ir@bingo.com
- (264) 461-2646