Urban Television Network Corporation (OTC PINK: URBT) becomes “ROSE”

Urban Television Network Corporation (OTC PINK: URBT) Goes “PINK” in OTC Markets

SANTA FE SPRINGS, Calif. /ACCESSWIRE/February 17, 2021/ The Urban Television Network Corporation (OTC PINK: URBT) is proud to announce that it has officially achieved “PINK” status in the OTC markets. The 34-year-old media company’s status was announced by Joseph Collins, CEO of Urban TV Network Corporation (OTC PINK: URBT), on Friday, February 12, 2021. The “PINK” status upgrade is great news for URBT shareholders and new investors. as this means that the company is now up to date with its financial market information and can now be officially traded on most stock trading platforms globally.

The company recently announced that it is currently in negotiations to acquire a company for an estimated $30 million, which includes a fully operational movie studio complex. The studio sits on an 82 acre backlot and is located just outside the 30 mile zone of Hollywood. Once the purchase is finalized, this studio will become URBT’s new home. The studio is currently used by celebrities and well-known companies to create content for movies, shows, commercials, music videos, and many other entertainment projects. The acquisition of the new company is a big step forward for URBT, as it will not only make the company one of the biggest independent studios in the country, but it will also add revenue to its bottom line.

With the upgrade in business status, Urban Television Network Corporation (OTC PINK: URBT) is progressing to become one of the leading media companies that investors can take a long-term approach. URBT also offers “URBTPlus” where the subscriber can stream movies and watch “LIVE TV”. when they subscribe to the service. Urban Television Network Corporation (OTC PINK: URBT) seeks to lock down the growing urban community with innovation in the development of new technologies specifically designed to capture the urban market.

Safe Harbor Statement: This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are based on management’s current plans and expectations and are subject to a number of uncertainties and risks that could materially affect the Company’s current plans and expectations, as well as its future results of operations and financial condition.

For an interview with Mr. Collins or for more information about URBT, please visit our website at URBT.com, email [email protected] or call our office at (323) 489-8119.

THE SOURCE: Urban Television Network

See the source version on accesswire.com:
https://www.accesswire.com/630175/Urban-Television-Network-Corporation-OTC-PINKURBT-goes-PINK

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