World VoIP NewsGlobal MobileTech gets DTC official recognition
Global MobileTech gets DTC official recognition
Company Global MobileTech, Inc. diversified vendor of ‘’green energy’’, mobile VoIP communications and advertising, announced its acquired eligibility status from the Depository Trust Company (DTC). DTC issues clearance, settlement, and information services for equities, corporate and municipal bonds, unit investment trusts, as well as mortgage-backed securities, money market instruments, and over-the-counter derivatives.
"We are pleased that our common stock is now DTC eligible which will simplify the process for our shares to be electronically traded or exchanged through brokers or online," stated Aik Fun Chong, President and CEO of Global MobileTech. "Becoming DTC eligible is a major milestone for the Company and an important step in increasing our exposure in the investment community."
Global MobileTech, Inc. operations are set within two general business sectors: the first one manages the creation, development and sale of mobile voice over Internet protocol or VoIP telecommunications and mobile advertising services. The second sector is emerged in the design, integration, marketing and sale of solar photovoltaic or PV-wind and solar PV-biomass hybrid power generation applications. The biomass used in the power generation system includes oil palm bio-wastes and forest residues. The target market for GLMB's products and services include customers from Asia, Europe and the United States.
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