Village Farms Ranks in the 2017 OTCQX® Best 50, Michael A. DeGiglio Comments
- by Jordan Okumura
VANCOUVER, BC - Village Farms has been announced as a recipient of the prestigious OTCQX® Best 50 for 2017. The title goes to top performing companies traded on the OTCQX Best Market last year.
“It is uncommon enough for a high-tech, agriculturally-driven consumer products company to be publicly traded while at the same time excelling to rank as one of the top performing companies traded on OTCQX,” said the company’s President & CEO, Michael A. DeGiglio, upon receiving the award. “Village Farms wishes to acknowledge with great appreciation the support of the OTCQX market for this award. We are motivated to continue to drive greater profitability and growth in revenue fueled by the reenergized business climate of 2017 as we continue to diversify our product line applications across broader international consumer markets.”
The ranking is calculated based on an equal weighting of one-year total return and average daily dollar volume growth in the previous calendar year, according to a press release. It is done annually for the top 50 U.S. and international companies that traded on the OTCQX market.
In order to qualify, companies must:
- Meet high financial standards
- Follow best practice corporate governance
- Demonstrate compliance with U.S. securities laws
- Have a professional third-party sponsor introduction
Village Farms noted that the OTCQX Best Market offers transparent and efficient trading of established, investor-focused U.S. and global companies. You can find the complete 2017 OTCQX Best 50 ranking here.
Congratulations to the Village Farms team on attaining this honor.