ORHub Announces Trading on the OTCQB Venture Market
NEWPORT BEACH, Calif., July 31, 2018 /PRNewswire/ -- ORHub, Inc. (OTCQB: ORHB) (the "Company" or "ORHub"), a HIPAA compliant, physician-driven digital software company focused on improving profitability and the cost effectiveness of hospitals through real-time smart data and analytics, today announces that the Company has received confirmation for its upgrade to the OTCQB Venture Market ("OTCQB") and its common shares will be approved for trading on the OTCQB in the United States under the ticker ORHB effective July 31, 2018.
"Trading on the OTCQB marks a meaningful corporate milestone for our Company," said Colt Melby, Chief Executive Officer of ORHub. "We believe that trading on the OTCQB will provide our shareholders and prospective investors a greater degree of transparency and liquidity due to higher reporting standards and more comprehensive compliance requirements. This is a necessary next step for our Company to continue to build shareholder value and expand our investor base."
The OTCQB is a venture market designed for early-stage and developing US and international companies. To be eligible, companies must be current in their reporting and undergo an annual verification and management certification process.
The OTCQB is recognized by the SEC as an established public market. Their platform enables companies to provide current public information that investors need to analyze, value and trade a security. The OTCQB platform offers better trading since investors get an exchange-comparable experience with convenient trading through their preferred broker or financial advisor who normally require a minimum QB status and transparent pricing with real-time quotes.
About ORHub, Inc.
ORHub is an advanced surgical software provider focused on real-time surgical data analytics. The Company's suite of products serves the needs of the health care industry, hospital, patient, government and the medical device vendor. ORHub provides a cloud-based software solution that captures information before, during and after surgery, filling a void in the current surgical information infrastructure and providing the first process to capture and measure the surgical process -- evolving Big Data into Intelligent Digital Data. ORHub's software applications allow hospitals and medical device vendors to utilize any web-enabled device to create an anatomical graphic depiction of exactly what occurs during surgery. The application automatically translates the resulting schematic into an intelligent, electronic operative report that links every detail of surgery, including implant location, surgical techniques, product usage, and all clinical parameters to create a dynamically new source of comparative information.
As a result, hospitals and surgeons can make real-time, data driven decisions to improve business profitability and the quality of patient care. This innovative technology results in hospitals under- standing costs and identifying areas of cost reductions, as well as results in increased accountability, automatic creation of comprehensive anatomic implant registries, real-time analytics, improved efficiencies, and compliance with existing government regulations. ORHub has offices in Tempe, Arizona; Newport and Laguna Beach, California; Bellevue, Washington; and Jacksonville, Florida.
For more information, visit www.ORHub.com
To view a previously released Microsoft Case Study on HOI and ORHub visit:
Forward-Looking Statements: This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Although the Company believes the expectations reflected in any forward-looking statements are based on reasonable assumptions, it can give no assurances that its expectations will be attained. Such statements are inherently uncertain, and actual results and activities may differ materially from those estimated or projected. Certain factors that can affect the Company's ability to achieve its anticipated results include, among others, uncertainties inherent in the development of a new software product business.
Jason Brown, Shareholder Communications
844.545.4508 x 405
Cathy Loos, Senior Media Relations Specialist