Wednesday, November 01, 2017 8:33:36 PM
And yes $IMEXF has DTC
http://www.marketwired.com/press-release/imagin-medical-begins-trading-on-otc-cse-ime-2119220.htm
Imagin Medical Begins Trading on OTC
Imagin Medical is the Developer of the Ultrasensitive i/Blue Imaging System That Will Establish a New Standard of Care for Urologists in Detecting Bladder Cancer Through Endoscopes
VANCOUVER, BC and BOSTON, MA--(Marketwired - April 28, 2016) - Imagin Medical (CSE: IME) (OTC PINK: IMEXF) (the "Company") announced that it has started trading on the OTC Pinksheets under the symbol "IMEXF". U.S. investors can now find quotes for the company on www.otcmarkets.com.
The Company's common shares have been approved for DTC (Depository Trust Company) eligibility that allows Imagin Medical's securities to be deposited electronically through DTC, the largest securities depository in the world, with over $35 trillion worth of securities on deposit.
"Becoming DTC eligible will facilitate electronic settlement of transfers of our common shares in the United States," said Jim Hutchens, Imagin Medical's President & CEO. "It provides our shareholders with various benefits, including reducing the time for stock deposits and withdrawals to be transferred from brokerage accounts, and eliminating the inherent risks associated with the loss and replacement of physical stock certificates. In addition, we have seen that companies that are approved for DTC electronic transfers often experience higher trading volumes in their stock given the additional accessibility and availability of shares for trading. It makes sense to offer a public market for our prospective shareholders in the U.S., as we are developing the technology at the University of Rochester, Laboratory of Laser Energetics and will be targeting manufacturing and eventual commercial efforts in the United States."
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