Bubblr Is Making All the Right Moves on the Road to Uplisting
New York, New York--(Newsfile Corp. - May 27, 2021) - PCG Digital -- The journey from the OTC market to Nasdaq or NYSE can be a long and winding road, but some companies make the journey worthwhile with key milestones and notable progress along the way. Bubblr (BBLR), an ethical technology company committed to changing the internet for the better, is one of those companies.
On April 13, 2021, the U.S. Patent and Trademark Office approved a Bubblr patent application titled "Internet-Based Search Mechanism." While there are, after all, several internet search engines out there already, this one stands out from the crowd.
Bubblr has developed an internet that can be used anonymously with no personal tracking or data harvesting. It rewards quality content and evens the playing field for small businesses that are competing with high marketing budgets. It's a major disruptor and a significant step towards addressing online equities by bringing "privacy to users, trust to content and sustainability to the digital marketplace."
To that end, Bubblr launched its newly official website on May 13. The upgraded multimedia website is designed to service the small and medium-sized businesses looking for privacy safeguards and an innovative revenue stream based on quality of content, not quantity of ad dollars spent.
Reporting and Compliance Being Handled by PubCo
Uplisting doesn't happen by accident. Knowing this, in March of 2021, Bubblr engaged the services of PubCo, a financial reporting and SEC regulatory compliance firm for public companies.
The goal of this move, according to Bubblr CEO and founder Steven Saunders, is to prepare for an initial independent audit, the first step in becoming a fully SEC reported company. Pinnacle Accountancy Group of Utah has been selected as the independent auditor.
In the short term, the audit could facilitate an upgrade to the OTCQB quotation tier and eventually an uplist to a national exchange. The company is committed to following this path and appears to be well on its way, based on this and other moves they've made in 2021.
Bubblr Appoints Cecil Peters to Strengthen Advisory Board
Innovative technology teams need to be guided by solid leaders for a company to be successful. On May 11, Bubblr announced the addition of Cecil Peters, Executive Director and EMEA Head of Advancing Black Pathways at J.P. Morgan Chase, to its advisory board.
Peters previously served as cybersecurity director at Credit Suisse, and his expertise in technology, international relations and management will be invaluable as the company expands its subscriber base. With his technical expertise and experience promoting diversity and equality in business, he's a solid addition to the team.
"We are proud to welcome Cecil to our growing Bubblr Advisory Board," said Bubblr CEO Steven Saunders. "We are thrilled to have brought in so many notable professionals who are committed to ethical technology and equality in business."
Other advisory board members at Bubblr include Barry L. Shoop, Ph.D., P.E., Brigadier General U.S. Army, and Otto Berkes, Co-Founder of Xbox. Steve Morris, Founder, CTO, and self-described "serial technology innovator," leads the development team.
Bubblr Appeals to Conscious Consumers and Investors
According to Bubblr, this is the "beginning of the end" for ad tech.
The news is also good for investors: Bubblr (BBLR) stock information and trading can be found on the OTC Market. BBLR is up 17.14% year-to-date. Based on the momentum indicator, the odds of a continued uptrend are roughly 56%.
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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/85398