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     465  0 Kommentare Light Media (LGMH) Granted DTC Eligibility

    ATLANTA, GA--(Marketwired - Feb 26, 2014) - Light Media (OTC Pink: LGMH), Inspirational Media Specialist, announced that it has attained Depository Trust & Clearing Corporation full eligibility ("DTC Eligibility") for the company's common shares trading under the stock ticker symbol (LGMH). Through multiple operating facilities and data centers around the world, Depository Trust & Clearing Corporation and its subsidiary companies automate, centralize, and standardize the processing of financial transactions for thousands of institutions worldwide, processing securities transactions valued at approximately US$1.7 quadrillion in 2011 alone. Expert guidance and consultation in securing DTC Eligibility for LGMH was powered and facilitated by VStock Transfer, in close cooperation with RTCO. Additionally, as further described below, Light Media confirmed that it has repurchased 256,900 common shares.

    "Attaining full DTC eligibility is essential to micro-caps, like Light Media, because it provides market makers and brokerage firms with an efficient and effective means of making, moving and settling trades electronically (paperless trading), thereby enabling greater liquidity and expansion of the pool of prospective shareholders worldwide. Having reached this milestone, LGMH continues forward on the steady trek to higher ground," said Danny Wilson, CEO, Light Media. Heb. 10:36. 

    Stock Repurchase Update: On February 21, 2014, Light Media repurchased 10,000 common shares, in open market transactions, at an average price of $0.0125 per share. Light Media has repurchased 256,900 common shares, via open market transactions at an average price of $0.0098 per share, through February 24, 2014, leaving an available stock repurchase amount of 1,993,100 common shares via previously-announced Stock Repurchase Program. 

    About DTCC: Through multiple operating facilities and data centers around the world, DTCC and its subsidiary companies automate, centralize, and standardize the processing of financial transactions for thousands of institutions worldwide. With 40 years of experience, DTCC is the premier post-trade market infrastructure for the global financial services industry, simplifying the complexities of clearance, settlement, asset servicing, global data management and information services for equities, corporate and municipal bonds, government and mortgage-backed securities, derivatives, money market instruments, syndicated loans, mutual funds, alternative investment products, and insurance transactions. In 2011, DTCC's subsidiaries processed securities transactions valued at approximately US$1.7 quadrillion. Its depository provides custody and asset servicing for securities issues from 122 countries and territories valued at US$39.5 trillion. DTCC's global OTC derivatives trade repositories record more than US$500 trillion in gross national value of transactions made worldwide across multiple asset classes.

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    Light Media (LGMH) Granted DTC Eligibility ATLANTA, GA--(Marketwired - Feb 26, 2014) - Light Media (OTC Pink: LGMH), Inspirational Media Specialist, announced that it has attained Depository Trust & Clearing Corporation full eligibility ("DTC Eligibility") for the company's common shares …