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Mobile Broadcasting Holding, Inc. (MBHC) Shares Trade Again as Clearing and Settlement Issues Are Aligned With a New Name and Trading Symbol
Mobile Broadcasting Holding, Inc. (MBHC) Shares Trade Again as Clearing and Settlement Issues Are Aligned With a New Name and Trading Symbol.
About this update from Sixty Six Oilfield Services, Inc.
[{"type":"text","content":"\n \n \n Mobile Broadcasting Holding, Inc. (MBHC) Shares Trade Again as Clearing and Settlement Issues Are Aligned With a New Name and Trading Symbol\n \n \nMobile Broadcasting Holding, Inc. (MBHC) Shares Trade Again as Clearing and Settlement Issues Are Aligned With a New Name and Trading Symbol\n \n PISCATAWAY, NEW JERSEY--(Marketwired - Dec 12, 2014) - Mobile Broadcasting Holding, Inc. (OTC PINK:MBHC) provided some holiday cheer for its public stockholders as it finally resolved the weeklong market difficulties that disabled its public market from trading its common stock. The complications, stemming from an effective market name ticker symbol and CUSIP number change in the trading market and a delay in recognition of the changes in settlement of trades were resolved on December 10, 2014.\n \"We appreciate the patience our investors have demonstrated, especially at this busy time of year, as we worked through the trading hitches,\" stated Kenneth D. Bland, the Company's Chief Executive Officer. \"Securing an effective name and symbol change which better aligns us with our mobile live-streaming technology was a vital year-end goal that we had to accomplish. As we move towards product launch, I believe these changes will boost both investor confidence and appreciation in our share price.\"\n The Mobile Broadcasting Holding Corp expects to launch its mobile broadcasting user application and communications platform in the first quarter of 2015.\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 g...