SELANGOR, MALAYSIA, Oct. 20, 2023 (GLOBE NEWSWIRE) — Leet Technology Inc. (OTCQB: LTES), (“Leet” or the “Company”), an esports technology company that provides a platform for competitive gaming (including arcade games) in the fast-growing Southeast Asian markets, is pleased to announce today that its security has been ‘upgraded’ and is now trading on the OTCQB® Venture Market.
The OTCQB® Venture Market is for entrepreneurial and development stage U.S. and international companies. To be eligible, companies must be current in their reporting and undergo an annual verification and management certification process.
Mr. Keith Long, CEO of Leet Technology Inc., commented: “As Leet enters its next phase in its planned business expansion, we are pleased to have commenced trading on the OTCQB market. We believe that this OTC Markets tier upgrade will bring increased visibility to Leet, in addition to building awareness of the Company within the financial community. This step is expected to positively impact shareholder value and allow the Company to continue focusing on driving market penetration and revenue expansion in the eSports industry.”
About Leet Technology Inc.
Leet Technology Inc. is an esports technology company that provides a platform for competitive gaming (including arcade games) in the fast-growing Southeast Asian markets with a community and mass market focus through its flagship product Matchroom and municipal end users. The Company’s mission is delivering an end-to-end eSports & gaming ecosystem that enables registered users to play from anywhere at any time. It emphasizes catering to the general mass market over the niche professionals where the majority of market share and spending power is. Leet Technology Inc. leverages partnerships with ICT and OTT operators with cost efficient solutions that can enhance their bottom lines. Please visit the Company’s product website at https://matchroom.net/ and its corporate website at https://myleet.com/.
Cautionary Statement Regarding Forward-Looking Information:
This news release includes certain “forward-looking statements” under applicable U.S. securities legislation. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: general business, economic, competitive, political and social uncertainties; delay or failure to receive board, shareholder or regulatory approvals, where applicable and the state of the capital markets. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
