StationDigital Corporation Secures DTC Eligibility - Investors Can Trade SDIG at Accelerated Pace
StationDigital Corporation (OTCQB:SDIG) is Available to the Investor Community
ST. LOUIS, Sept. 11, 2014 /PRNewswire/ -- Internet radio and digital broadcast platform provider StationDigital Corporation (OTCQB: SDIG) today announced that the company has secured DTC Eligibility by The Depository Trust Company for its shares on the OTC effective September 11, 2014.
"DTC eligibility represents the final step for our company to offer our new SDIG ticker and present our invigorated focus on bringing considerable value to shareholders," said Lou Rossi, Chairman of the Board and CEO of StationDigital Corporation. "This gives us increased visibility to the investor market, greater liquidity, and simplifies the trading of our stock going forward. StationDigital is poised to capture a significant portion of the massive streaming music market and we believe the company is taking all of the right steps to attract substantial investor interest and reach new milestones. We would like to thank our transfer agent Vstock Transfer for their guidance through this process."
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.
StationDigital Corporation provides quality streaming content through its massive library of songs. It also offers the SD Rewards program which helps users earn virtual currency for listening to music and sharing content with friends on social media.
About StationDigital Corporation
StationDigital Corporation is a multimedia digital broadcast company that offers free music streaming of over 23 million songs. StationDigital Corporation features both genre-based and artist-based music discovery stations to suit an endless variety of musical tastes, and a personal recommendation service to its more than three million users – all available both online and through its iOS and Android mobile apps. StationDigital Corporation's users can customize their listening experience by selecting playlists and stations based on themes, interests and location, as well as favorite artists, songs or genre, and by providing feedback on the music they hear. StationDigital Corporation also offers the industry's first Listener Rewards program in which users earn points for listening, sharing and inviting friends on social media to enjoy StationDigital Corporation. Listener Rewards points are redeemable in the StationDigital Corporation online store to purchase music, merchandise and additional discounts. StationDigital Corporation is headquartered in St. Louis. For more information, visit www.stationdigital.com or download the StationDigital Corporation app for Android or iOS mobile devices.
Safe Harbor Statement
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are based on the current plans and expectations of management and are subject to a number of uncertainties and risks that could significantly affect the Company's current plans and expectations, as well as future results of operations and financial condition. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
SOURCE StationDigital Corporation
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