Voleo Trades on OTCQB And Announces Top Colleges Participating in Equity Trading Competition Sponsored by Nasdaq
Voleo Trades on OTCQB And Announces Top Colleges Participating in Equity Trading
Competition Sponsored by Nasdaq
January 16, 2020
VANCOUVER, CANADA, Voleo Trading Systems Inc. (TRAD: TSX-V, VLEOF: OTC-QB) (“Voleo”,
the “ Company”), is pleased to announce it now trades on the OTCQB under sym bol VLEOF. The
OTCQB® Venture Market is for early-stage and developing U.S. and international companies, and trading
on the OTCQB is consistent with the Company’s strategy of attracting investors as users and vice versa.
Executive Chairman Mark Morabito elaborated, “Voleo is a growin g broker-dealer ad has always
envisioned enabling investors in our company to participate as Voleo users. Equally, with a US trading
market we are enabling users of our platform to participate as investors in Voleo’s future. Our team has
been asked about this since Voleo’s soft-launch, and we have made it a reality.”
Voleo has seen an increase in the number and quality of partici pating colleges in Voleo’s equity trading
competition sponsored by Nasdaq. This third edition features teams from Columbia, MIT, Yale, Wharton,
Berkeley, University of Michigan, NYU, Cornell, Duke and dozens more. The competition wraps up in
March 2020 and the winning team will be invited to Nasdaq’s Mar ket Site in Times Square as well as
receive a cash portfolio on Voleo’s social trading platform. V oleo is an ideal way for young investors to
start preparing for their financial future, either among peers or with friends or family.
Concurrently, the Company is developing new responsive web app which is being optimised for white-
label and facilitates integration into third party banking appl ications. The responsive platform, which is
the biggest improvement to Voleo’s platform since the productio n apps were built in 2016, is slated to
launch in the first quarter of 2020.
About Voleo Trading Systems Inc.
Voleo is a mobile fintech company that is transforming the reta il investing space through its powerful,
collaborative investing platform. Voleo's equity trading platfo rm operates on native iOS and Android
devices, as well as a companion web application. Voleo has increased retail investor participation in the
stock market by breaking down barriers to entry, facilitating t rust and improving financial literacy. The
product is being white-labeled by financial institutions around the world as an innovative product to
engage, retain and acquire retail customers.
About Voleo USA, Inc.
Voleo USA, Inc is a member of Financial Industry Regulatory Authority (FINRA) and Securities
Investor Protection Corporation (SIPC). Security products are not FDIC insured, not bank
guaranteed, and will fluctuate in value. We do not solicit, recommend, or offer investment advice.
Check the background of Voleo USA, Inc. on FINRA's BrokerCheck.
For more information on Voleo, please visit our Investor Relations website at ir.myvoleo.com.
ON BEHALF OF THE VOLEO BOARD
“Thomas Beattie”
Chief Executive Officer
2
Voleo is part of the King & Bay group of companies. King & Bay is a merchant
bank that specializes in identifying, funding, developing and s upporting growth
opportunities in the technology, resource, aviation, and sectors.
For further information regarding this press release, please contact:
Voleo Investor Relations
1-866-684-6730
Cautionary Note Regarding Forward-Looking Information
Certain statements contained in this release constitute forward-looking statements and forward-looking information (collectively referred to herein
as "forward-looking statements") within t he meaning of applicable Canadian securities la ws. Such forward-looking statements rel ate to future
events or Voleo Trading Systems Inc’s (the “Company”) future performance and the integration of cryptocurrency trading. All sta tements other
than statements of historical fact may be forward-looking statem ents. Such forward-looking statements are often, but not always , identified by
the use of words such as "seek", "anticipate", "budget", "plan" , "continue", "estimate", "expect", "forecast", "may", "will", " project", "predict",
"potential", "targeting", "intend", "could", "might", "should", "believe" and similar expressions. These statements involve kno wn and unknown
risks, uncertainties and other factors that may cause actual resu lts or events to differ materially from those anticipated in s uch forward-looking
statements. Voleo believes the expectations reflected in those forward-looking statements are reasonable but no assurance can b e given that
these expectations will prove to be correct and such forward-looking statements included in this release should not be unduly relied upon. These
forward-looking statements speak only as of the date of this release, or as of the date specified in the documents incorporated by reference into
this release, as the case may be. In particular, this release contains forward-looking statements pertaining, but not limited to: expectations as to
future operations of the Company, future market trends, growth op portunities, the Company’s go to market strategy, future partn erships, new
initiatives and innovations of the Company, product offerings, the expected operations and performance of the Company’s business, expected
user growth, and the timing of key development milestones.
With respect to forward-looking statement s contained in this release, the Company has made assumptions regarding, among other t hing: the
accuracy, reliability and applicability of t he Company’s business model; the timely receipt of governmental approvals, includin g the receipt of
approval from regulators in Canada and the United States; the ti mely commencement of operations by the Company and the success of such
operations; the ability of the Company to implement its business plan as intended; the legislative and regulatory environments of the jurisdictions
where the Company will carry on business or have operations; the impact of competition; and the availability of financing to execute the business
plan. The Company has included the above summary of assumptions and risks related to forward-looking statements provided in this release in
order to provide investors with a more complete perspective on the Company’s current and future operations and such information may not be
appropriate for other purposes.
The live Voleo platform is currently limited to U.S. residents. Investors should be aware that investing through clubs requires that members of a
club vote in accordance with the conditions of their respective partnership agreemen ts, and that other factors including platfo rm performance,
execution price, order and account access ti mes are affected by many factors, includi ng connectivity, market volatility, the si ze and type of
order(s), market conditions, system performance, and other factors. Investors should carefully consider the risk profile of ETFs before investing
in them, and read the prospectus from the issuer before inve sting in an ETF. Penny stocks may trade infrequently, which means t hat it may be
difficult to sell penny stock shares once you own them. Moreover, because it may be di fficult to find quotations for certain pe nny stocks, they
may be difficult, or even impossible, to accurately price. For these, and other reasons, penny stocks are generally considered speculative
investments. Consequently, investors in penny stocks should be prepared for the possibility that they may lose their whole investment.
Readers are cautioned that the foregoing lists of factors are not exhaustive and it would be unreas onable to rely on any such f orward-looking
statements and information as creating any legal rights, that the statements and information are not guarantees and may involve known and
unknown risks and uncertainties, and that actual results may differ (and may differ materially) and objectives and strategies may differ or change
from those expressed or implied in the forward-looking statements or information as a result of various factors. The forward-looking statements
contained in this release are expressly qualified by this cautionary statement. Except as required by applicable securities laws, the Company is
not under any duty and do not undertake any obligation to publicly update or revise any forward-looking statements after the date of this release
or to conform such statements to actual results or to changes in the Company’s expectations and the Company disclaims any intent or obligation
to update publicly any forward-looking statements, whether as a result of new information, future events or results or otherwise.
Neither the TSX Venture Exchange nor its Re gulation Services Provider (as that term is defined in the policies of the TSX
Venture Exchange) has reviewed or accepts responsibility for the adequacy or accuracy of this release.