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Posted On: 08/03/2014 3:51:48 PM
Post# of 273366
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Posted By: Stock_Tracker
Mammoth Energy Grp (MMTE) 0.0100 $MMTE

DTC "Chill" Removed Mammoth Energy Group Common Stock
Business Wire - Wed Jan 22, 12:30PM CST
Mammoth Energy Group Inc. (MMTE: OTC PINK) today announced that shareholders who had experienced difficulty or additional costs when depositing the Company's shares manually will now be able to have their shares deposited electronically in street name. DTC has resolved all issues and cleared the Company to resume accepting deposits of the Company's common stock for book entry transfer services. All deposit restriction chills have been removed and the Company is now once again fully "DTC Eligible." DTC's removal of the chill now allows shareholders with online brokerage accounts with firms such as Scottrade, ETRADE, TD Ameritrade and other full service brokerage firms to deposit new shares of Mammoth Energy's common stock in the electronic system that controls clearance and settlement. The Company has over 5,000 shareholders who should benefit from the additional number of choices now available to them as a result of this action.




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