Petrone Worldwide, Inc. (OTC Pink: PFWI) is engaged in the importing, exporting, and distribution of tableware products, hotel amenities, bathroom fixtures, furniture, decorative guest features, etc. Shares of the guest amenities company are soaring 123.08%, during early trading on Monday, November 28, 2016. Over the past three months, Petrone Worldwide, Inc. has seen average daily volume of 6,802 shares. However, nearly 2 million shares or dollar volume of $580,000, has already exchanged hands through early trading on Monday.
Petrone Worldwide, Inc. is surging on Monday, after the company announced it will be looking to uplist to the OTCQB Venture exchange within the next month. The company says it continues to experience strong growth and is even forecasting revenue growth of 500% in 2017. Furthermore, Petrone Worldwide, Inc. has put out plans to uplist to the AMEX or NASDAQ in 2018. Here is the full press release detailing of the earnings and exchange forecasts:
Petrone Worldwide, Inc. Press Release:
WESTON, FL–(Marketwired – Nov 25, 2016) – Petrone Worldwide, Inc. ( OTC PINK : PFWI ), a leader in the hospitality industry with global operations capabilities, announces today that it has solidified its plans to uplist from the OTC Pink Exchange to the OTCQB Exchange by the end of the 2016 fiscal year. PFWI has been growing exponentially in the past few months and has been a voluntary reporting company, making SEC filings and disclosures for several years.
Victor Petrone, CEO and founder of PFWI says, “Petrone Worldwide has been in a constant growth phase for the past year and is projected to increase revenues by over 500% in 2017. The uplist to the OTCQB has been PFWI’s plan for the past year and it is finally coming to fruition by year’s end.” Furthermore, PFWI has plans to uplist again to the AMEX or the Nasdaq sometime in 2018 upon the successful execution of their business plan that is currently underway. Petrone intends to constantly update both its shareholders and the public with all the details of this exciting Company milestone.
About Petrone Worldwide, Inc. ( OTC PINK : PFWI ):
Petrone Worldwide, Inc. is a leader in the hospitality industry with global operations capabilities. Now providing third party logistics for overseas manufacturing companies attempting to sell their goods in North America, Petrone sells and markets products under its own proprietary name and acts as distributor for a wide variety of companies to the hospitality trade. For more information visit www.petroneworldwide.com.