Monday, October 24, 2016 3:38:37 PM
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– Imagination Park Entertainment Inc. (CSE: IP) (OTC: IPNFF) (“Imagination Park” or the “Company”) is now DTC eligible for trading of the Company’s shares under the symbol “IPNFF” on the OTC marketplace in the United States.
The Depository Trust Company (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.
Being DTC-eligible is expected to greatly simplify the process of trading and exchanging Imagination Park common stock on the OTC marketplace in the United States.
CEO and Director Gabriel Napora comments, “We are grateful to achieve DTC eligibility. As a growing media and entertainment Company, assisting our growing network of supporters in the United States and elsewhere around the world in accessing and trading the Company’s securities is an important strategic achievement for us, to the benefit of all of our shareholders.”
About Imagination Park
Imagination Park is an emerging digital content production company, working with talented filmmakers around the world to bring conventional as well as virtual reality content to life.
For more information on the Company, please visit our website at www.imaginationpark.com, or email info@imaginationpark.com
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