DENVER, May 13, 2019 /PRNewswire/ — Helix TCS, Inc. (OTCQB: HLIX) (the “Company“) is pleased to announce that it has received a receipt from the British Columbia Securities Commission (“Commission“) for the filing of its preliminary non-offering long form prospectus dated May 8, 2019 (the “Prospectus“). A copy of the Prospectus is available under the Company’s profile on SEDAR (www.sedar.com). Once the Company clears any comments the Commission may have regarding the Prospectus it will be invited to file a final prospectus at which time the Company will become a reporting issuer in Canada.
The Company is also pleased to announce that it has applied for listing of its common stock (“Shares“) on the Canadian Securities Exchange (the “CSE“). Listing of the Shares will be subject to the Company fulfilling all the listing requirements of the CSE, including the receipt by the CSE of all final documentation and the Company filing a final prospectus with the Commission.
“We are excited at the prospect of listing on the Canadian Securities Exchange in 2019,” Executive Chairman and CEO Zachary L. Venegas stated. “We believe the CSE listing will not only benefit our current and prospective Canadian-based investors but will also afford our existing investors, wherever they are located, increased liquidity by being dual listed on a Canadian stock exchange in addition to the OTCQB market.”
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About Helix TCS, Inc.
Helix TCS, Inc. (OTCQB: HLIX) is a leading provider of critical infrastructure services, helping owners and operators of licensed cannabis businesses stay competitive and compliant while mitigating risk. Through its proprietary technology suite and security services, Helix TCS provides comprehensive supply chain management, compliance tools, and asset protection for any license type in any regulated cannabis market. Helix TCS’ products reach over 2,000 customer locations in 35 states and 6 countries and has processed over $18 billion in cannabis sales. For more information on Helix TCS and to sign up for investor updates, visit us at www.helixtcs.com.
Except for historical information, all of the statements, expectations, and assumptions contained in this press release are forward-looking statements. Actual results might differ materially from those explicit or implicit in the forward-looking statements. Important factors that could cause actual results to differ materially include: our ability to fund our operations and pay any outstanding debt; fluctuations in our financial results; general economic risks; the volatile nature of the market for our products and services and other factors that could impact our anticipated growth; our ability to manage our growth; changes in laws and regulations regarding the cannabis industry and service providers in the cannabis industry; reliance on key personnel; our ability to compete effectively; security and other risks associated with our business; intellectual property risks; and other risk factors set forth from time to time in our SEC filings. Helix TCS assumes no obligation and does not intend to update these forward-looking statements, except as required by law.
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