Biloxi Marsh Lands Corporation Announces Creation of Electronic Bulletin Board for Trading of its Shares

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02/22/2022 - 12:30 PM

METAIRIE, La.--(BUSINESS WIRE)-- Effective immediately, the Biloxi Marsh Lands Corporation (BLMC) Bulletin Board is now active. A link on the Biloxi Marsh Lands Corporation Website can take someone directly to the Biloxi Marsh Lands Corporation home page on BancList.

As previously announced, in order to give its shareholders more liquidity, Biloxi Marsh Lands Corporation has created a passive electronic stock-trading bulletin board which doesn’t charge the user any fees. Using the bulletin board, shareholders and investors will be able to post notices of intent to buy or sell the Company’s common stock and to browse those posts for possible purchases or sales. Shareholders and investors can then directly communicate with each other to arrange the purchase or sale of the shares. Biloxi Marsh Lands Corporation will not act as a broker and participants will have to arrange for the delivery of payment and of shares themselves. The Company’s goal is to set up a 24/7 internet platform that will give our shareholders a forum to buy and sell the Company’s shares of common stock.

Previously, shares of Biloxi Marsh Lands Corporation had traded on the over-the-counter market under the symbol, “BLMC” and the shares were quoted on the Pink Sheets^©. After September 28, 2021 and the implementation of amended Rule 15c2-11, the SEC prohibited broker-dealers from quoting companies like Biloxi Marsh Lands Corporation, who do not provide financial statements that are prepared according to Generally Accepted Accounting Principles (“GAAP”).

Biloxi Marsh Lands Corporation is excited about providing this electronic bulletin board for existing shareholders and those interested in purchasing stock of the Company. We encourage all interested parties to visit the company’s website: www.biloximarshlandscorp.com. Biloxi Marsh Lands Corporation is not a registered national securities exchange, information processor, broker, dealer, or investment adviser.