MetaWorks Responds to OTC Markets Request on Recent Promotional Activity
Fairfield, CA., May 09, 2023 (GLOBE NEWSWIRE) -- MetaWorks Platforms, Inc. (“MetaWorks” or the “Company”) (CSE and OTCQB: MWRK), an award-winning Web3 company that owns and operates blockchain platforms in the entertainment technology space, announced that it has been requested by OTC Markets Group Inc. ("OTC Markets") to issue this statement about promotional activity concerning its common shares traded on the OTCQB market (operated by OTC Markets).
- Fairfield, CA., May 09, 2023 (GLOBE NEWSWIRE) -- MetaWorks Platforms, Inc. (“MetaWorks” or the “Company”) (CSE and OTCQB: MWRK), an award-winning Web3 company that owns and operates blockchain platforms in the entertainment technology space, announced that it has been requested by OTC Markets Group Inc. ("OTC Markets") to issue this statement about promotional activity concerning its common shares traded on the OTCQB market (operated by OTC Markets).
- The Company understands this promotional activity coincided with increased trading activity in the common shares beginning on May 5, 2023.
- The Company does not believe the promotional activities were the only factor in any increase in trading volume in the common shares.
- Rather, the Company believes the promotional materials drew attention to the Company's recent activities which have been disclosed in recent news releases and regulatory filings, causing an increase in trading volume.