Stargaze Entertainment Group Inc (STGZ) Is Now DWAC/FAST Eligible
24 Octobre 2017 - 1:00PM
InvestorsHub NewsWire
PLATTSBURGH, NY. -- October
24, 2017 -- InvestorsHub NewsWire -- Stargaze Entertainment
Group Inc. (OTC
PINK: STGZ), an entertainment production and distribution
company, takes pleasure in announcing that the Depository Trust
Corporation (the "DTC") has approved its common stock for DWAC/FAST
transfer through the Company's Transfer Agent, Manhattan Transfer
Registrar Company. The Depository Trust Company (“DTC”) is a
subsidiary of the Depository Trust & Clearing Corporation, and
manages the electronic clearing and settlement of publicly traded
companies. This newly approved stock transfer capability will
enable the "Stargaze Entertainment Group Inc." shareholders to
transfer their shares of "STGZ" stock electronically after buying
or selling on the open market, without the extra expense and delays
associated with the processing and transfer of physical stock
certificates.
DTC approval should change the
transactional procedure to a much faster one by eliminating the
risk associated with the loss and replacement as well as the extra
expense and delay associated with the processing and transfer of
physical share certificates. The DWAC/FAST electronic transfer
process is expeditious and many companies approved for it may
experience higher trading volumes in their stock given the
additional accessibility and availability of shares for
trading.
“DWAC transfer eligibility is a
significant step that shapes the growth and evolution of Stargaze
Entertainment Group as a public company,” stated Tony Green,
President and CEO. “This improvement will enable our shareholders
to maintain the highest levels of efficiency, accountability and
compliance standards for their trading activities in our shares
through the best and most up-to-date electronic securities trading
platforms being used today. Not only will it save our shareholders
cost and time, but it will also facilitate more trading in the open
market and enable us to expand our shareholder base."
Mr. Green continued, "In addition to
being DWAC/FAST eligible, I am glad to inform our shareholders that
our latest financial filings and the quarterly report ending August
31, 2017 are available for all to review on the OTC Markets trading
platform and on the company web site at www.stargazeentertainmentgroup.com."
About Stargaze Entertainment
Group Inc.
Stargaze Entertainment Group Inc.
(STGZ) is an entertainment company focused on the creation,
production and distribution of original and licensed media content
of music, film and television.
Safe Harbor
Statement:
This release contains
forward-looking statements that involve risks and uncertainties,
including without limitation, forward-looking statements relating
to the company’s financial prospects and other projections of its
performance, the existence of new market opportunities and interest
in the company’s products and solutions, and the company’s ability
to increase its revenue and regain profitability by capitalizing on
these new market opportunities and interest and introducing new
products and solutions. Among the important factors that could
cause actual results to differ materially from those expressed or
implied in the forward-looking statements are changes in demand for
the company’s products, new and changing technologies, and the
company’s ability to compete effectively with other companies.
These and other factors discussed in the company’s filings with the
Securities and Exchange Commission, OTC Markets, Inc., and others,
could cause actual results to differ materially from those
expressed or implied in any forward-looking statements. The
forward-looking statements contained in this release are made on
the basis of the views and assumptions of management regarding
future events and business performance as of the date of this
release, and the company does not undertake any obligation to
update these statements to reflect events or circumstances
occurring after the date of this release.
CONTACT:
Mr. Tony Green
President & CEO
Stargaze Entertainment Group
Inc.
investors@stargazeentertainmentgroup.com
www.stargazeentertainmentgroup.com
Tel. 646-741-9688
Stargaze Entertainment (PK) (USOTC:STGZ)
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