Ultimate Escapes Commences Trading On OTC Bulletin Board
February 22, 2010 by Perspective Magazine | Timeshare & Fractional ReviewsUltimate Escapes, Inc. (OTCBB: ULEI and ULEI-W) (the “Company”), one of the world’s largest luxury destination clubs, today announced that the Company is now trading on the OTC Bulletin Board (the “OTCBB”) with the ticker symbols ULEI for its common shares and ULEI-W for its warrants. The Financial Industry Regulatory Authority (FINRA) cleared the request of the Company for trading on the OTCBB for the Company’s common stock and warrants earlier today.
Ultimate Escapes continues to offer the full transparency, financial accountability, market exposure and credibility inherent in being a publicly-traded company, making the Company the only pure-play, public destination club in the world with full financial disclosure.
About Ultimate Escapes®
Founded in 2004, Ultimate Escapes is the largest luxury destination club as measured by number of club destinations, and the second-largest destination club as measured by number of members. Ultimate Escapes offers club members flexible access to a growing collection of hundreds of multi‐million dollar private residences and luxury hotels in more than 150 global club and affiliate destinations. Locations range from chic urban apartments to charming beach cottages, spacious five-bedroom homes to an 80-foot private yacht. Each trip is coordinated by experienced, knowledgeable staff, trained to handle every vacation detail. Additional information about Ultimate Escapes and its club and membership offerings can be found at www.ultimateescapes.com.
About the OTCBB
The OTCBB is a regulated quotation service operated by FINRA that displays real-time quotes, last-sale prices, and volume information in OTC equity securities. It is a quotation medium for subscribing members, not an issuer listing service. An OTC equity security generally is any equity that is not listed or traded on a national securities exchange. OTCBB securities include national, regional, and foreign equity issues, warrants, units, ADRs, and Direct Participation Programs. More information is available at http://www.otcbb.com.
About Pink OTC Markets Inc.
Pink OTC Markets Inc. is a financial information and technology services company that operates an inter-dealer electronic quotation and trading system in the Over-the-Counter, or OTC, securities market. It is not registered with the Securities and Exchange Commission as a stock exchange or a broker-dealer firm. Investors should contact a broker-dealer firm to trade in a security quoted on the Pink Sheets. More information is available at http://www.pinksheets.com.
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