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Mobile Broadcasting Holding, Inc. (MBHC) is Working to Resolve Issues Related to Clearing and Settlement of Public Market Transactions in Its Common Stock
Mobile Broadcasting Holding, Inc. (MBHC) is Working to Resolve Issues Related to Clearing and Settlement of Public Market Transactions in Its Common Stock.
About this update from Sixty Six Oilfield Services, Inc.
[{"type":"text","content":"\n \n \n Mobile Broadcasting Holding, Inc. (MBHC) is Working to Resolve Issues Related to Clearing and Settlement of Public Market Transactions in Its Common Stock\n \n \nMobile Broadcasting Holding, Inc. (MBHC) is Working to Resolve Issues Related to Clearing and Settlement of Public Market Transactions in Its Common Stock\n \n PISCATAWAY, NEW JERSEY--(Marketwired - Dec 5, 2014) - Mobile Broadcasting Holding, Inc. (OTC PINK:MBHC) has learned of difficulties its public stockholders are experiencing in purchase and sale of its common stock. This difficulty seems to be a result of an effective name and ticker symbol change in the trading market, but such change not yet being effective for clearing and settlement purposes.\n Kenneth D. Bland, the Company's Chief Executive Officer, stated: \"We are fully aware of the negative impact on our public investors to settle shares purchased in the few days preceding the market announcement and effective date of our name and ticker symbol change as well as on those responsible for trading our shares. We are working diligently on a resolution of this matter as soon as possible. We expect the trading market identification of our Company and identification for clearing and settlement purposes to be resolved in a matter of days.\"\n SAFE HARBOR AND INFORMATIONAL STATEMENT\n This press release may contain forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the Exchange Act), including all statements that are not statements of historical fact, regarding the intent, belief and expectations of the Company and its management with respect to, among other things: (i) the Company's financing plans; (ii) trends affecting the Company's financial condition or results of operations; (iii) the Company's growth strategy and operating strategy; and (iv) the declaration and payment of dividends. The words \"may\", \"would\", \"will\", \"expect\", \"estimate\", \"anticipate\", \"believe\", \"intend\" and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control, and that actual results may differ materially from thos...