ORLANDO, Fla., March 8, 2013 /PRNewswire/ -- MarketKast, Inc. (MRKK), a leader in digital video and mobile engagement, announced today the Company's common public traded shares have been granted eligibility status by the Depository Trust Company (DTC). Trading in securities that are "DTC-eligible" can be electronically cleared and settled through the facilities of DTC. This fully electronic and cost-effective method of clearing securities transactions accelerates the trade settlement process for all investors and the broker/dealers that process trades in DTC-eligible securities.
"This is an important milestone for the company and we are pleased to have obtained DTC eligibility. Electronic trading and settlement is the standard in today's financial markets and our becoming DTC-eligible will greatly simplify the process for all investors in (MRKK) shares. DTC eligible opens the door for a whole new group of investors to discover our company," stated MarketKast CEO James Byrd. "We expect that our DTC-eligible status will improve our overall share liquidity and share attractiveness. As we continue our efforts to grow the Company as a leader in the digital video and mobile engagement space, we will continue to update our shareholders and marketplace on our progress."
MarketKast, through its performance-based suite of products and proprietary targeted video distribution platform, enables business clients to use digital video and mobile engagement to drive customer acquisition and brand awareness.
MarketKast is a leader in digital video and mobile engagement. We help businesses use the power of video to deliver their marketing message to the audience they want to reach. Our proprietary "push-pull" system of combining targeted database delivery with video search engine optimization is a proven, reliable and cost effective means of driving new customers and revenues for a business, service and brand today. For more information, visit www.marketkast.com.
Forward Looking Statements: Any statements contained herein that are not historical facts are "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 made subject to certain risks and uncertainties, which could cause actual results to differ materially from those presented. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only to the date such information was released. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after release of this information.
Media and Investor Contact:
Neala Sullivan Hackett
Investor Relations Director
SOURCE MarketKast Inc.