FRISCO, TX--(Marketwired - May 12, 2014) - Quest Resource Holding Corporation (QRHC), a full service environmental consulting and management company, announced today that it received approval by The NASDAQ Stock Market LLC's ("NASDAQ") Listing Qualification Department to list its common stock on the NASDAQ Capital Market. Quest's common stock will commence trading under the same ticker symbol, "QRHC," on the NASDAQ Capital Market effective at the opening of trading on May 19, 2014.
Mr. Brian Dick, President and Chief Executive Officer of Quest, said "We are very pleased to achieve this milestone as a company. We believe being listed on the NASDAQ Capital Market will help us gain exposure with a broader investor base. It is our hope that increased visibility will lead to improved liquidity, which will ultimately benefit existing and future shareholders." He added, "We are very proud of the progress we have made as a relatively young company, and we are excited about the future as we continue to grow our business and remain at the forefront of the recycling industry."
About Quest Resource Management Group, LLC
Quest Resource Management Group, LLC ("QuestRMG") is a full service environmental consulting and management company, headquartered in Frisco, Texas. QuestRMG supports the efforts of Fortune 500 companies to maximize profits and mitigate risks while minimizing their ecological footprints. QuestRMG's clients span numerous industry segments, including the food services, hospitality, healthcare, manufacturing, construction, automotive aftermarket, and fleet industries. QuestRMG provides clients with comprehensive sustainability programs, innovative recycling solutions, and proven environmental protection. Quest prides itself in delivering targeted solutions exclusively tailored to the needs of each respective client. QuestRMG is a subsidiary under the Quest portfolio of companies (OTCQB: QRHC). (www.questrmg.com)
About Quest Resource Holding Corporation
Quest provides effective programs for sustainability, recycling, and resource management. Through its subsidiaries, Quest Resource Management Group, LLC and Earth911, Inc., Quest designs and manages the program's execution and delivers the digital resource for content and data for a lower-waste lifestyle. Quest is dedicated to creating a more sustainable and profitable approach for its enterprise clients and a multifaceted and inclusive medium for sustainability publishing. (OTCQB: QRHC)(www.QRHC.com)
Safe Harbor Statement
This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, which provides a "safe harbor" for such statements in certain circumstances. The forward-looking statements include statements or expectations regarding our belief that being listed on the NASDAQ Capital Market will help us gain exposure to a broader investor base; our hope that increased visibility will lead to improved liquidity, which will ultimately benefit existing and future shareholders; and our belief that we continue to grow our business and remain at the forefront of the food and waste recycling industry. These statements are based on our current expectations, estimates, projections, beliefs, and assumptions. Such statements involve significant risks and uncertainties. Actual events or results could differ materially from those discussed in the forward-looking statements as a result of various factors, including, but not limited to, competition in the environmental services industry, the impact of the current economic environment, and other factors discussed in greater detail in our filings with the Securities and Exchange Commission (SEC), including our Report on Form 10-K for the year ended December 31, 2013. You are cautioned not to place undue reliance on such statements and to consult our SEC filings for additional risks and uncertainties that may apply to our business and the ownership of our securities. Our forward-looking statements are presented as of the date made, and we disclaim any duty to update such statements unless required by law to do so.