Mindpix Announces that Deposit Trust Company Deposit Chill has been Lifted
LAS VEGAS, April 19, 2013 /PRNewswire/ -- Mindpix Corporation, (OTC Pink: MPIX) is pleased to announce the company received notice today from the Depository Trust Company, "DTC" which stated, "The Deposit Trust Company has determined to lift the Deposit Chill and has resumed accepting deposits of the Issue for depository and book-entry transfer services."
The company wishes to thank to Mr. Simon Kogan, from New York City NY, the specialized legal counsel for his diligence with the Counsel of the DTC and Mindpix Corporation to resolve the DTC Chill matter. The company would also like to thank their securities counsel, Jonathan D. Leinwand, P.A, from Fort Lauderdale Florida, and Frederick Bauman, of Bauman & Associates Law firm, Las Vegas Nevada, for their efforts in helping to resolve this issue with the DTC.
"This is a great day for the shareholders and for the future of Mindpix Corporation and another major step forward in building the foundation of the company to execute on our plan to grow this multi-media business," said Rick Garson, President and Chief Executive Officer of Mindpix. Mr. Garson continues, "We continue to build our world class team and look forward to executing on revenue opportunities for the company."
About Mindpix Corporation
Mindpix Corporation (OTC Pink: MPIX) , www.mpixcorp.com, is an entertainment company that primarily focuses on the production, use and redistribution of music. MPIX operates a collection of multimedia and family entertainment content and has the licensing rights to the original master recordings of a music library catalog of over 17,500 songs by renown artist including, but not limited to Billy Joel, Bob Dylan, Chicago, Dolly Parton, Elvis Presley, Frank Sinatra, Gladys Knight, James Brown, Jerry Lee Lewis, Little Richard, The Bee Gees, The Drifters, The Platters, The Who, Waylon Jennings and Willie Nelson. MPIX has recently updated their disclosure and financial information at OTC Markets. All files can be found at the following site: http://www.otcmarkets.com/stock/MPIX/filings/
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and as such, may involve risks and uncertainties. These forward looking statements relate to, amongst other things, current expectation of the business environment in which the company operates, potential future performance, projections of future performance and the perceived opportunities in the market. The company's actual performance, results and achievements may differ materially from the expressed or implied in such forward-looking statements as a result of a wide range of factors.
SOURCE Mindpix Corporation