O2 Secure Wireless, Inc. Secures DTC Eligibility
June 09 2014 - 8:00AM
Business Wire
O2 Secure Wireless, Inc. (OTC PINK:OTOW), a developer of
domestic and international hi-speed wireless Internet facilities,
Mobile Internet solutions and the OTOW Network today announced that
it has secured DTC eligibility by The Depository Trust Company
(DTC) for its shares traded under the symbol OTOW.
The DTC is a subsidiary of the Depository Trust & Clearing
Corporation (DTCC), and manages the electronic clearing and
settlement of publicly traded companies. Securities that are
eligible to be electronically cleared and settled through the DTC
are considered "DTC eligible." This electronic method of clearing
securities speeds up the receipt of stock and cash, and thus
accelerates the settlement process for investors and brokers.
Val Kazia, CEO, stated, "We are pleased to announce that we have
obtained DTC eligibility. Electronic trading is the standard in
today's financial markets, and becoming DTC-eligible greatly
simplifies the process of trading our common stock. DTC eligibility
increases the efficiency, lowers the cost associated trading OTOW,
increases security, lowers transaction risk for our investors and
reflects our ongoing efforts to support our growing investor base
and the Company."
About O2 Secure Wireless (http://o2securewireless.com)
O2 Secure Wireless is a Company that is currently developing
numerous wireless tower facilities in the U.S. The Company is also
instrumental in the development of wireless broadband communication
services domestically. Under a merger with Earthcom Service Inc.,
the Company is currently being structured to provide affordable
flat rate pre-paid wireless services in developing countries
internationally.
Safe Harbor Act: This release may contain "forward-looking
statements" within the meaning of Section 27A of the Securities Act
of 1933, as amended, and Section 21E the Securities Exchange Act of
1934, as amended and such forward-looking statements are made
pursuant to the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. "Forward-looking statements"
describe future expectations, plans, results, or strategies and are
generally preceded by words such as "may," "future," "plan" or
"planned," "will" or "should," "expected," "anticipates," "draft,"
"eventually" or "projected." You are cautioned that such statements
are subject to a multitude of risks and uncertainties that could
cause future circumstances, events, or results to differ materially
from those projected in the forward-looking statements, including
the risks that actual results may differ materially from those
projected in the forward-looking statements as a result of various
factors, and other risks identified in a company's annual
report.
Thank you for your interest in O2 SECURE WIRELESS, INC.
Val Kazia, CEO of O2 Secure Wireless Inc.For more information:
http://o2securewireless.comInvestor Relations:
855-222-0211info@o2securewireless.com
O2 Secure Wireless Inc.Investor Relations,
855-222-0211info@o2securewireless.comhttp://o2securewireless.com
O2 Secure Wireless (CE) (USOTC:OTOW)
Historical Stock Chart
From Apr 2024 to May 2024
O2 Secure Wireless (CE) (USOTC:OTOW)
Historical Stock Chart
From May 2023 to May 2024