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OTC Markets' Transfer Agent Verified Shares Program Expands to Include Action Stock Transfer, Manhattan Transfer Registrar Co., Mountain Share Transfer, Pacific Stock Transfer and Securities Transfer Corporation


NEW YORK, Aug. 29, 2018 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, announced that five (5) additional transfer agents have joined OTC Markets' Transfer Agent Verified Shares Program.  Action Stock Transfer, Manhattan Transfer Registrar Co., Mountain Share Transfer, Pacific Stock Transfer and Securities Transfer Corporation are now included among a distinguished roster of leading transfer agents that are working with OTC Markets Group to create better informed and more efficient financial markets.  91% of US companies trading on our OTCQX and OTCQB markets are represented by 25 participating transfer agents.

Effective January 1, 2019, OTC Markets Group plans to require all US companies trading on the OTCQX and OTCQB Markets to provide verified share data through a transfer agent who participates in the Transfer Agent Verified Share Program.

OTC Markets Group launched the Transfer Agent Verified Shares Program in order to provide investors with current and reliable share data on OTCQX and OTCQB securities.  The program enables eligible stock transfer agents to report their clients' share data, including authorized and outstanding shares, to OTC Markets Group on a regular basis via a secure, electronic file transfer. 

Share data provided by transfer agents is displayed on www.otcmarkets.com alongside a "Verified by Transfer Agent" logo, indicating the information is reliable and trustworthy.  This data is also disseminated through OTC Markets Group's market data feeds and is widely available to investors and broker dealers. 

"The recent additions of Action, Manhattan, Mountain Share, Pacific and Securities Transfer Corporation further expand the availability of key data in OTCQX and OTCQB securities," said Liz Heese, Executive Vice President of Issuer and Information Services at OTC Markets Group. "We are delighted to welcome this latest group of providers to our growing portfolio of transfer agents who have qualified to take part in the Transfer Agent Verified Shares Program."

"As one of the premier service providers for issues traded on the OTC Markets Group trading platforms, Pacific Services Group ("PSG"), including Pacific Stock Transfer and Capital Transfer Agency, is excited to participate in the Transfer Agent Verified Shares Program ("TAVSP")," said Kevin Kopaunik, CEO of PSG. "PSG recognizes the extreme importance of technology in the marketplace and participating in TAVSP allows technology to assist in providing transparency in the marketplace."

"Our Clients understand investors are presented with a growing number of investment opportunities and having the right partnership can help drive interest in our clients and improve the overall investor experience. We are excited to be partnering with OTC Markets through their Transfer Agent Verified Shares Program to bring transparency to the market and improve the relationship between investors and our Issuers," said Jason Freeman, Director of Relationship Management at Securities Transfer Corporation.

"Manhattan Transfer Registrar Co. is honored to be participating in OTC Markets Group's "Transfer Agent Verified Shares Program."  Providing the public with our issuers' current and accurate share structure information gives current shareholders and future investors the transparency they need to make informed investment decisions. We are eager to see the positive changes that will unfold from this initiative."

"We are very proud to be to be participating in the OTC Markets Transfer Agent Verified Share Program.  Following our relocation to Atlanta in late 2012, we have made a major commitment to offering our clients, and their shareholders, high quality services designed to meet their needs as both publicly traded and privately held corporation," said Erik S. Nelson, President, Mountain Share Transfer, LLC. "We welcome issuers to contact our office to see how we may be of service to their firm and respective shareholders."

Transfer agents participating in the Program include:

Investors can access verified share data for AST clients on the company's quote page at www.otcmarkets.com and via OTC Markets' market data feeds.

Transfer agents interested in participating in the program may contact Andy Kyzyk at OTC Markets Group at (212) 896-4450 or [email protected].  There is no fee for transfer agents to participate.

About Action Stock Transfer

Action Stock Transfer has been providing stock transfer and EDGAR filing services since 2002. We provide low-cost, prompt and accurate services to large and small public and private companies worldwide. We are registered with the Securities and Exchange Commission and are a member of The Securities Transfer Association.

About Manhattan Transfer Registrar Co.

Manhattan Transfer Registrar Co. ("MTR") is a full-service, boutique transfer agent and registrar located in Port Jefferson, NY. MTR is registered with the Securities and Exchange Commission and provides a wide range of financial services to public and private companies and community banks. MTR offer same-day transfers, 24/7 EDGAR/XBRL services, and prompt responses and solutions ? day and night. 

About Mountain Share Transfer

Mountain Share Transfer www.mountainsharetransfer.com is a full service stock transfer agency and registrar registered with the Securities and Exchange Commission servicing both public and private companies. We provide services to both U.S. and internationally based corporations. In September of 2012,  Mountain Share Transfer relocated from Denver, Colorado to the historic Vinings area of Atlanta,  Georgia. 

Mountain Share Transfer provides its clients with a full rang of services designed to meet their needs and the needs of their shareholders.  In addition to transfer agency services, Mountain Share Transfer also offers shareholder communications and edgarization services.   

About Pacific Stock Transfer

Pacific Services Group is the combination of Pacific Stock Transfer in the US and Capital Transfer Agency in Canada. Able to service issuers on both Canadian and American exchanges, Pacific Services Group prides itself on providing exemplary customer service to our issuers and their shareholders.

Pacific Stock Transfer and Capital Transfer Agency, both registered with the Securities and Exchange Commission and members of The Securities Transfer Association (STA) and Securities Transfer Association of Canada (STAC), are dedicated to serving the needs of domestic and international companies, both public and non-public.

About Securities Transfer Corporation

Securities Transfer Corporation has been providing industry-leading service and support since 1987. We are a full-service Stock Transfer Agent and Fund Administrator providing comprehensive, custom-tailored shareholder and investor management solutions to both the traditional equity markets and alternative investment communities.       

Securities Transfer Corporation combines people-oriented service with the latest technology to ensure that every interaction receives the personal attention it deserves. By accepting these personal relationships, we create an accountability at STC that ensures our Clients' business needs are met accurately and efficiently, by someone they know and trust.

About OTC Markets Group Inc. 
OTC Markets Group Inc. (OTCQX: OTCM) operates the OTCQX® Best Market, the OTCQB® Venture Market and the Pink® Open Market for 10,000 U.S. and global securities.  Through OTC Link® ATS and OTC Link ECN, we connect a diverse network of broker-dealers that provide liquidity and execution services.  We enable investors to easily trade through the broker of their choice and empower companies to improve the quality of information available for investors.

To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com.

OTC Link ATS and OTC Link ECN are operated by OTC Link LLC, member FINRA/SIPC and SEC regulated ATS.

Subscribe to the OTC Markets RSS Feed

Media Contact:
OTC Markets Group Inc., +1 (212) 896-4428, [email protected]

OTC Markets Group logo. (PRNewsFoto/OTC Markets Group)

 

SOURCE OTC Markets Group Inc.


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