O2 Secure Wireless, Inc. Announces Depository Trust Company's "Deposit Chill" Removal and Restored Eligibility Status with DTC
ST. AUGUSTINE, Fla., Aug. 16, 2012 /PRNewswire/ -- O2 Secure Wireless, Inc. (PinkSheets: OTOW) announced today that the Depository Trust Company (DTC), has removed the limited "chill" status from the Company's stock, and is now allowing O2 Secure Wireless, Inc.'s stock to resume being deposited with the DTC to enable normal electronic trading of the shares.
"We are very pleased that this determination has been reached, and that the company has been restored to eligibility status with the DTC," stated Val Kazia, President, Earthcom Service Inc. "DTC's removal of the limited chill status enables the financial marketplace to execute trades with our stock in the standard manner, permitting thereby a broader distribution of our stock along all segments of the investment community."
About O2 Secure Wireless: O2 Secure Wireless is a Company that manages numerous wireless tower facilities development both in the US and abroad. The Company is also instrumental in the development of wireless communication services in the Caribbean as well as domestically. Under a recent merger with Earthcom Service Inc., the Company is currently being structured to provide affordable flat rate pre-paid wireless services in developing countries internationally.
Safe Harbor Act: This release may contain "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 and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report.
For more information visit our website at http://o2securewireless.com
or contact Investor Relations: Gibraltan Financial on (407) 830-9777
SOURCE O2 Secure Wireless, Inc.