OTC Markets Group announced the following statement on Hometown International: “OTC Markets Group has determined that Hometown International Inc. does not meet the requirements of our OTCQB Market. HWIN has been removed from OTCQB effective immediately and may not reapply for a period of at least 90 days.” In accordance with its Caveat Emptor policy, OTC Markets Group has also determined that a “public interest concern” exists for Hometown International and has added the Caveat Emptor designation to the stock. The Caveat Emptor designation will remain until OTC Markets Group “believes there is no longer a public interest concern.” Shares of Hometown International closed Wednesday up 32c to $13.07.
previous post
next post