Moxian Group Announces Eligibility Status with Depository Trust Company
HONG KONG, Aug. 9, 2013 /PRNewswire/ -- Moxian Group Holdings, Inc. ("Moxian" or the "Company") (OTCQB: MOXG), a social commerce platform company, announced today that on July 31, 2013 the Company was granted eligibility status by the Depository Trust Company ("DTC"), which allows the Company's shares to be transferred electronically by the DTC.
"We are very pleased that this determination has been reached, and that the Company has been granted the eligibility status with DTC," commented Liew Kwong Yeow, Chief Executive Officer of Moxian. "DTC's eligibility enables the financial marketplace to execute trades with our stock in the standard manner, permitting a broader distribution among more segments of the investment community."
About Moxian Group Holdings, Inc.:
Moxian's platform development was initiated three years ago and is focused on the Asian markets. Moxian is more than just a social network platform for businesses; it also integrates the world's hottest social media features, combining entertainments and businesses in one place, with many online and mobile applications available for everyone. At the same time it provides a brand new Multi-Channel Social Commerce Platform for businesses including Moxian's proprietary Social Customer Relationship Management (SCRM) system that entices knowledge data between business and its customers that will be provided to businesses as an added service. The platform allows consumers and businesses to connect and interact with one another to achieve the concept of "online lifestyle, offline fun"! More info at www.moxiangroup.com
Safe Harbor: This release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933, the Securities Exchange Act of 1934, and the Private Securities Litigation Reform Act of 1995. Prospective investors are cautioned that forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and actual results may differ materially from those contemplated by such forward-looking statements. Important factors known to management that could cause actual results to differ materially from those in forward-looking statements include fluctuation of operating results, ability to compete successfully, and ability to complete before-mentioned transactions. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events, or changes to future operating results.
SOURCE Moxian Group Holdings, Inc.