Social Reality Announces That Their Securities Are DTC Eligible.
SANTA MONICA, Calif., Aug. 22, 2013 /PRNewswire/ -- Social Reality Inc. (OTCBB: SCRI), a technology advertising company that develops platforms for social and digital advertising, today announced that its shares have received electronic eligibility status from the Depository Trust Corporation (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. The Financial Industry Regulatory Authority (FINRA) previously approved the Company's stock for quotation on the Over-the-Counter Bulletin Board.
"Becoming DTC eligible is an important milestone for the company," commented Mr. Christopher Miglino, Chief Executive Officer and Co-Founder of Social Reality. "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 Social Reality stock. DTC eligibility opens the door to a whole new group of investors to discover our company. This is just the first step in our plan to grow trading liquidity and improve visibility in the investment community."
About Social Reality Inc.
Social Reality Inc. (SCRI) is an advertising technology company focused on creating platforms that maximize efficiencies for both advertisers and publishers of digital media. The companies GroupAd platform allows brands to launch social loyalty programs on social networks, on their websites and on mobile, that helps them identify and reward consumers for their social influence. The companies SRAX sell side Real Time Bidding (RTB) platform allows for publishers to maximize the revenue for their inventory. Social Reality works with some of the world's largest brands and continues to innovate the digital media space.
For More information please contact: http://www.socialreality.com
SOURCE Social Reality, Inc.