Hero Technologies Applies for OTCQB Market Status for Its Common Stock; Expects to Engage New Groups for Investor Relations and Company Awareness

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Company reaffirms its commitment to transparent reporting standards, annual verification, and other quality measures to reach more investors.

DOVER, DE / ACCESSWIRE / March 1, 2022 / Hero Technologies (OTC PINK:HENC; Twitter: @heroicmindtech), an early-stage cannabis company focused on a vertically integrated business model, today announced that it has applied to the OTC Markets Group to list its common stock on the OTCQB marketplace. OTCQB is the mid-tier OTC equity market for U.S. stocks, less speculative than Pink Sheets, designed primarily for early-stage developing companies. To qualify for the OTCQB, companies must meet reporting standards, undergo annual verification and certification, meet a $0.01 bid test, and have a public float in excess of 10% of the total shares outstanding, with at least 50 beneficial shareholders, each owning at least 100 shares.

The OTCQB marketplace is run through OTC Link, an inter-dealer quotation and trading system registered with the Securities and Exchange Commission (SEC) as a broker-dealer and as an alternative trading system. Accordingly, OTCQB-listed companies must report to a U.S. regulator, such as the SEC, and follow standards for transparency.

"As we continue reporting on the progress of our company and engage in marketing and stock awareness campaigns, it is essential that our shareholders and other investors understand that we are committed to sharing information transparently," said Hero Technologies' CEO, Gina Serkasevich. "We fully embrace our obligation as a public company to provide accurate, timely disclosures of any information that could affect the trading market for our common stock."

The company expects to engage several entities, individuals, and influencers to post on social media sites such as Twitter, Stocktwits, GETTR, and Facebook and to post videos on YouTube, as well as post information regarding the company on stock forums such as Investor's Hub, also known as iHub, and in chat rooms or chat platforms such as Discord and Telegram. The company also expects to hire newsletters and media groups that will disseminate emails or text messages.

"For example," continued Serkasevich, "we will keep investors closely aware of further developments in the Michigan cannabis market, where our subsidiary, BlackBox Systems and Technologies LLC, has received pre-qualification approval for a license to produce both recreational and medicinal cannabis. Michigan is one of the fastest-growing cannabis markets in the U.S., with monthly sales approaching $150 million, so it represents a significant opportunity for potential growth for our company."

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