11:22 AM EST - Innovative Properties Inc. d/b/a Nabis Holdings : Announced that it has secured eligibility by The Depository Trust Company (DTC) for its shares on the OTC Market in the United States. The DTC is a subsidiary of the Depository Trust & Clearing Corporation (DTCC) and manages the electronic clearing and settlement of publicly traded companies. Securities that are eligible to be electronically cleared and settled through the DTC are considered "DTC eligible." This electronic method of clearing securities speeds up the receipt of stock and cash, accelerates the settlement process for investors and brokers, and reduces transactional costs for participating brokerage firms. Additionally, DTC eligibility enables the stock to be traded over a much wider selection of brokerage firms, many of whom require DTC eligibility as a compliance measure. Innovative Properties Inc. d/b/a Nabis Holdings
shares NAB:CNX are trading off 1 cent at $0.63.
