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Re: None

Monday, 03/18/2019 8:10:49 AM

Monday, March 18, 2019 8:10:49 AM

Post# of 1869
There's More to it than Appears... For those of you unfamiliar with DWAC/DTCC FAST Eligibility, it's not only a faster, better, more liquid way of trading transactions - it is a precursor, a requirement to become listed on either the NYSE or Nasdaq.

If an issuer is not DTC eligible, then its shares cannot be transferred between brokerage accounts electronically, which basically means its shares cannot be traded easily. Major Exchanges such as NYSE and NASDAQ require DTC eligibility. Other Platforms such as the OTC Bulletin Board and the Pink Sheet markets do not. Only a DTC participant can request that DTC make a security eligible. Most large U.S. broker-dealers and banks are DTC participants.

This is the first step towards uplisting...

Have a Great Monday...!

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