Hong Yuan Holding Group (HGYN)

[Italia77]

Did $HGYN (former CERPQ) ask for this procedure?
(I ask it cause, when I try to reduce my position (at 1$), my broker tells me that is "not eligible for trading").
Thanks!

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MSBM Provides Update on DTC Eligibility

MSB Global Capital Corp. (OTC Pink: MSBM) announced today that it has filed for eligibility for electronic clearing and settlement of its Common Shares through the Depository Trust Company ("DTC") in the United States.. MSBM will provide an update for shareholders once it obtains confirmation of eligibility from DTC.

MSBM CEO,Patrick Au, commented, "We are very pleased to have successfully completed our change in control submissions during 2021, having received approval from OTC Markets Group to post current data in order to continue to trade our shares on the OTC Pink Market, and we look forward to receiving DTC eligibility as we prepare to launch in order to educate the public on our current and planned operations. We look forward to inviting existing and prospective investors to follow our progress as we provide updates on our plans for the future development of a global business hub.

DTC is a subsidiary of the Depository Trust & Clearing Corporation, a U.S. company that manages the electronic clearing and settlement of securities of publicly traded companies. Securities that are eligible to be electronically cleared and settled through DTC are considered "DTC eligible".

DTC eligibility is expected to simplify the process of trading and enhance liquidity of the Company's common shares inthe United States. With DTC eligibility, existing investors benefit from faster transaction execution speeds, which should provide shareholders the opportunity for increased liquidity, while opening the door to new investors that may have been previously restricted from acquiring the Company's shares in the open market.