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February 22, 2017
 
 
 
Announcing the 2017 OTCQX Best 50
 

This month, we unveiled the 2017 OTCQX Best 50, our annual ranking of top performing U.S and international companies on the OTCQX market last year.  This is our third annual ranking since we launched the OTCQX Best 50 in 2015 and it’s one we look forward to every year.

 

The #1 ranked company on the list this year was Cordoba Minerals Corp. (TSX-V: CDB; OTCQX: CDBMF), a Canada-based mineral exploration company, which had a total return of 466% in 2016.  Nearly half of all companies were Canadian metals and mining companies, reflecting the resurgence in the resource sector last year.

The top performing U.S. based company at #3 was First Federal of Northern Michigan Bancorp, Inc. (OTCQX: FFNM), a community bank serving Northern Michigan. Nine community banks made the ranking this year.

Five companies that were ranked on last year’s OTCQX Best 50 remained on the list in 2017: adidas AG (Frankfurt Stock Exchange: ADS; OTCQX: ADDYY/ADDDF), Citba Financial Corp. (OTCQX: CBAF), Nemaska Lithium, Inc. (TSX-V: NMX; OTCQX: NMKEF), Nexgen Energy (TSX-V: NXE; OTCQX: NXGEF) and Pure Multi-Family REIT LP (TSX-V: RUF.U; OTCQX: PMULF).

2017 OTCQX Best 50 companies traded an aggregate $3.4 billion in dollar volume in 2016. The companies delivered an average total return of 130%.

For the full ranking and more details, visit http://web.otcmarkets.com/otcqx-best-50/.

Congratulations to all the 2017 OTCQX Best 50 companies on a stellar performance! We wish you continued growth and success in the new year.

 
 
Blue Sky Recognition
 
Blue Sky Recognition - 20 States
 

Ohio, Oregon and Texas now recognize the OTCQX and OTCQB markets and Idaho recognizes the OTCQX market for the purposes of  each state’s "Blue Sky Manual Exemption." We are continuing our campaign to gain national Blue Sky recognition for the markets. Learn more.

 
 
 
Global OTC Data Now Available to Market Data Subscribers
 

OTC Markets’ new consolidated data channels containing Global OTC data are available in the certification environment. Subscribers wishing to access the consolidated data channels in the certification environment (and in production) must contact us at marketdata@otcmarkets.com or 212.220.2166. The new specification for the consolidated channels can be found at here.

 
 
2016 Annual Market Review
 

Our 2016 Annual Review highlights the key events and milestones on the OTCQX Best Market and the OTCQB Venture Market over the past year. Read about how we are making being public less painful for U.S. and international companies.

 
 
 
OTCQX Founding Member Interview
 

Neera Dahiya Ravindran, MD
Head of Investor Relations North America
Roche Holding Ltd
 (OTCQX: RHHBY, RHHBF)

"This past year, Roche was ranked as the most sustainable healthcare company by the Dow Jones Sustainability Indices for the eighth year in a row.  Furthermore, 29 Roche products have been listed on the World Health Organization's list of Essential Medicines, showing the profound impact we are having on patient's lives."

 

Read the full interview.

OTC Markets Group (OTCM): What were your major accomplishments in 2016?

Neera Dahiya Ravindran: In 2016 Roche met all of our financial targets and made great progress in our portfolio. Roche posted strong financials with a sales increase of 4% to $51.3bn and core EPS growth ahead of sales growth at 5%. Moreover, the 2016 dividend payout proposed by the Board of Directors represents an increase each year, for the past 30 years in Swiss francs. Additionally, we spent $10.1bn on Research and Development, an investment which has resulted in important new medicines for patients. Roche launched two new medicines in 2016 including our cancer immunotherapy Tecentriq. Finally, in 2016 we were granted an additional five Breakthrough Therapy Designations by the FDA, a designation which provides expedited regulatory review for drugs with the potential to significantly improve upon the standard of care in serious or life threatening diseases.

OTCM: What are your growth goals for 2017?

Dr. Ravindran: For 2017, we have issued guidance calling for low to mid-single digit sales growth, core EPS growth broadly in line with sales growth, and a further increase in the dividend in Swiss francs. Additionally, we look forward to the potential launches of two medicines: Ocrevus in Multiple Sclerosis and Emicizumab in Hemophilia A. We are also excited for the readouts of a number of key clinical trials including Perjeta in Early Breast Cancer, Tecentriq in first-line Lung Cancer, Lampalizumab for Geographic Atrophy, and Emicizumab in Hemophilia A.

OTCM: Roche is an OTCQX Founding Member, celebrating 10 years on OTCQX this year. What has been your experience trading on OTCQX and how have you leveraged the market as part of your U.S. IR program?

Dr. Ravindran: The OTCQX program has been a great asset for Roche and has enabled us to broaden our investor base here in the US, by offering a complementary investment opportunity to our shares trading on the Swiss exchange. Over the past 10 years, we have seen substantial growth in the program and Roche now has the largest Level I ADR Program of any European pharmaceutical company and the largest ADR program on OTCQX.

OTCM: What else do you want U.S. investors to know about Roche?

Dr. Ravindran: Roche is not only the industry leader in biotechnology, oncology and in vitro diagnostics, but we also have a strong mission as a responsible global citizen. This past year, Roche was ranked as the most sustainable healthcare company by the Dow Jones Sustainability Indices for the eighth year in a row. Furthermore, 29 Roche products have been listed on the World Health Organization’s list of Essential Medicines, showing the profound impact we are having on patient’s lives. Roche has also received a total of 14 Breakthrough Therapy Designations by the FDA, which leads the industry and reflects our dedication to addressing diseases with high-unmet needs.

Click to close.

 
 
Community Spotlight
 
Community Spotlight
 

Deanna W. Hart
CFO of 
Four Oaks Fincorp, Inc. (OTCQX: FOFN

"In 2016, we experienced double-digit loan and deposit growth in our core markets and have returned to sustained profitability with a 50% increase in pre-tax income.  Risk management improved in the areas of credit, interest rate, operating, regulation and technology, and we fully transitioned our leadership team."

 

Read the full interview.

OTC Markets Group (OTCM): Tell us about your company.

Deanna W. Hart: Four Oaks Fincorp, Inc. was formed in 1997 to serve as the holding company for Four Oaks Bank, which was incorporated in 1912. We are a $700 million-in-assets community bank with offices in central and eastern North Carolina, offering a wide range of commercial banking products through multiple delivery channels. We re-capitalized in 2014 and have now fully transitioned our balance sheet and leadership team to position us for future growth.

OTCM: What were your major accomplishments in 2016?

Ms. Hart: In 2016, we experienced double-digit loan and deposit growth in our core markets and have returned to sustained profitability with a 50% increase in pre-tax income. Risk management improved in the areas of credit, interest rate, operating, regulation and technology and, as mentioned earlier, we fully transitioned our leadership team. Additionally, we upgraded our technology platform, repositioned our balance sheet and strengthened our credit culture as asset quality measures have now stabilized.

OTCM: What is your strategy for growth in 2017?

Ms. Hart: Our goal for 2017 is to continue organic growth in our core markets by improving our delivery and taking our customers’ view on all transactions. We are reviewing ways we can enhance the customer experience while ensuring our processes are as efficient as possible.

We plan to add new products, technology, and delivery channels to ensure we offer competitive solutions that allow customers to access their accounts in any method they choose. We are also working to target specific customer segments in which we exhibit the core competencies to effectively serve them.

OTCM: Four Oaks celebrates 2 years on OTCQX this month (February). What has been your experience trading on OTCQX and how have you leveraged the market as part of your overall IR program?

Ms. Hart: We have been pleased with the move to OTCQX. The OTCQX market has allowed greater transparency in trading activity and we believe it has increased liquidity in our stock, which has increased in price more than 75% in the past 12 months.

OTCM: What else do you want investors to know about Four Oaks?

Ms. Hart: We are a 100+ year–old community bank that strives to remain relevant in an ever-changing market. We are excited about the growth opportunities ahead of us and operate in great markets, including Raleigh, NC – one of the fastest growing cities in the U.S. We have many initiatives underway to improve the products we offer, the ways in which we deliver and to improve ongoing productivity.

Click to close.

 
 
OTCQX Video Series
 
OTCQX Video Series
 

Ciaran McMullan, CEO & President of Suncrest Bank (OTCQX: SBKK) discusses the opportunities and hurdles for serving the banking and loan needs of small businesses in California–s Central Valley. Congratulations to Suncrest on being named one of the 2017 OTCQX Best 50 companies. Watch now.

 
 
OTC Markets Blog
 
Research and Marketing for ‘Smicrocaps’
 

OTC Markets Blog: Life as a small or micro-cap public company is getting harder by the day as the pool of buy-side interest is shrinking almost as fast as sell-side research, and sales and capital markets sponsorship is contracting. But credible support awaits in the form of company-sponsored (or paid-for) services. Read the full post.

 
OTC Markets Blog
 
How Can We Take the Pain Out of Being Public?
 

OTC Markets Blog: Listing has become a big-ticket commitment of time and capital for any company. It is no surprise small companies are waiting longer or completely avoiding going public. In future posts, we will share how we are working to make being public less painful for innovative U.S. and global companies. Read the full post.

 
 
Monthly Trade Summary - January 2017
 
 
Market Designations Number
of Securities*
Monthly
$ Volume
Monthly $ Volume
per Security
YTD $ Volume*
 
OTCQX 408 $3,807,677,831 $9,332,543 $3,807,677,831
OTCQB 965 $2,541,531,541 $2,633,711 $2,541,531,541
Pink 8,253 $13,072,901,681 $1,584,018 $13,072,901,681
Total 9,626 $19,422,111,054 $2,017,672 $19,422,111,054
 

*Data as of January 31, 2017

 
 
Events
 

OTCQX | Making It Painless to go Public – Webinar (Feb. 28, 2017)

PDAC International Convention, Trade Show & Investors Exchange – Toronto, Canada (March 5-8, 2017)

29th Annual ROTH Conference – Dana Point, CA (March 12-15, 2017)

Virtual Investor Conference for OTCQX Banks – Webcast (March 15, 2017)

Sidoti & Company Spring 2017 Convention – New York, NY (March 29, 2017)

STANY’s 81st Annual Conference and Dinner – New York, NY (March 29-30, 2017)

Planet MicroCap Showcase 2017 – Las Vegas, NV (April 26-28, 2017) 

Virtual Investor Conference for OTCQX International Companies – Webcast (May 11, 2017)

Please contact events@otcmarkets.com for more information.

 
 
Sidoti & Company Spring 2017 Convention
 

Register now to present at Sidoti & Company’s Spring 2017 Convention, focused on small-and micro-cap companies across various sectors. Sidoti & Company connects small and micro-cap institutional and high-net-worth investors, investment banking professionals and other key stakeholders with executive management teams. The event, which will be held March 29, 2017 in New York City, is tailored to expose you to unique investment ideas and provide valuable networking opportunities. Register Here.

 
 
 
 
News
 

The Ticker 70: Canada Awards, muddying CEO pay and small-cap IR, The Ticker podcast for IR Magazine (February 9, 2017)

Canadian Miners Top the 2017 OTCQX Best 50 Companies List, Investing News Network (February 2, 2017)

What–s Wrong with Crowdfunding?, CFO Magazine (February 2017)

Where to List Your Shares? OTC Markets Says it Offers All the Benefits of NYSE MKT at Half the Cost, Crowdfund Insider (January 31, 2017)

OTCQX Celebrates 10 Years of Operation, Crowdfund Insider (January 20, 2017)

Silexx Adds Data from OTC Markets, Inside Market Data (January 19, 2017)

OTC Markets Group Adds Silexx Financial Systems as Distributor of Real-Time Level 1 and Level 2 Market Data, press release (January 18, 2017)

 
 
New OTCQX and OTCQB Companies
 

Welcome to the companies that joined the OTCQX Best Market and the OTCQB Venture Market in January 2017.

The OTCQX Best Market
Coda Octopus Group, Inc. (OTCQX: COGI)
Distinct Infrastructure Group Inc (OTCQX: DSTFF)
IDW Media Holdings, Inc. (OTCQX: IDWM)
InPlay Oil Corp. (OTCQX: IPOOF)
Minco Gold Corp. (OTCQX: MGHCF)
Spanish Broadcasting System, Inc. (OTCQX: SBSAA)

The OTCQB Venture Market
AIS Res Ltd. (OTCQB: AISSF)
alpha-En Corporation (OTCQB: ALPE)
Amber Group Inc. (OTCQB: AMBG)
Asset Solutions Inc (OTCQB: ASLT)
Atacama Resources International, Inc. (OTCQB: ACRL)
BeWhere Holdings Inc. (OTCQB: BEWFF)
Bravada Gold Corp. (OTCQB: BGAVF)
Creative Realities, Inc. (OTCQB: CREX)
CURE Pharmaceutical Holding Corp. (OTCQB: CURR)
Empire Petroleum Corp. (OTCQB: EMPR)
EOS Inc (OTCQB: EOSS)
Financial Gravity Companies, Inc. (OTCQB: FGCO)
Getelman Corp (OTCQB: GTTL)
Glance Technologies Inc (OTCQB: GLNNF)
Global Fashion Technologies, Inc. (OTCQB: GFTI)
HD View 360, Inc. (OTCQB: HDVW)
Huntwicke Capital Group Inc. (OTCQB: HCGI)
Illumitry Corp. (OTCQB: ILUM)
Intelligent Cloud Res Inc (OTCQB: ITLL)
Lattice Biologics Ltd (OTCQB: LBLTF)
Maple Leaf Green World, Inc. (OTCQB: MGWFF)
NQ Minerals PLC (OTCQB: NQMLF)
Nuo Therapeutics, Inc. (OTCQB: AURX)
Probility Media Corp. (OTCQB: PBYA)
Rebel Group, Inc. (OTCQB: REBL)
Sugarmade, Inc. (OTCQB: SGMD)
Taranis Resources Inc. (OTCQB: TNREF)
Worlds Online, Inc. (OTCQB: WORX)

 
 
Graduates to an Exchange Listing
 

Congratulations to the OTCQX and OTCQB companies that graduated to an exchange listing in January 2017.

The OTCQX Best Market
Americas Silver Corporation (NYSE MKT: USAS)

The OTCQB Venture Market
Meridian Waste Solutions, Inc. (NASDAQ: MRDN)