Skkynet Cloud Systems, Inc. Obtains DTC Eligibility

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
Skkynet Cloud Systems, Inc. Obtains DTC Eligibility

TORONTO--(Marketwired - Apr 11, 2013) -  Skkynet Cloud Systems, Inc. ("Skkynet" or "the Company") (OTCBB: SKKY), a leader in real-time cloud information systems, is pleased to announce that the Depository Trust Company (DTC) has granted the Company full eligibility for electronic clearance and settlement for its shares on the OTC.BB, effective April 10, 2013.

President Paul Thomas stated, "This is another positive step forward for Skkynet. Giving our shareholders the ability to buy and sell shares with increased efficiency and lower cost is extremely important to us. It will also provide greater liquidity to current and future investors and allows us to expand our shareholder base."

The Depository Trust Company (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, and thus accelerates the settlement process for investors by eliminating the need to exchange actual stock certificates and also reducing the transaction cost to shareholders.

About Skkynet Cloud Systems, Inc.:

Through its wholly owned subsidiary Cogent Real-Time Systems Inc., Skkynet is a leading developer of software and related systems and facilities for collecting, processing and distributing real-time information over networks. This capability allows clients to both locally and remotely manage, supervise and control industrial processes, financial information systems, and embedded devices. Through their web-based assets, DataHub® WebView™ enables data connectivity and visualization over the cloud, providing clients and their customers the necessary ability and tools to observe and interact with these processes and services in real time, empowering them to fully control their systems and analyze their data. DataHub® and WebView™ are either registered trademarks or trademarks used under license by Cogent Real-Time Systems Inc.

Safe Harbor Statement:

This news release contains "forward-looking statements" as that term is defined in Section 27A of the United States Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. These forward-looking statements generally can be identified by phrases such as Skkynet Cloud System, Inc. or its management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Such forward-looking statements include, among other things, the development, costs and results of new business opportunities. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new business opportunities and development stage companies. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K for the most recent fiscal year, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

Contact:

Skkynet Cloud Systems, Inc.
Paul E. Thomas
President
Office: (888) 628-2028
Fax: (888) 705-5366
Email: info@skkynet.com
Blog: http://real-timecloud.com
Twitter: https://twitter.com/RealTimeCloud

Scroll down for more posts ▼

Top 10 Most Recent News Articles

New Tools Arm Manufacturers in Additive Arena

Updated Category News Views 3

Diving Headfirst into Additive Manufacturing Standards Additive manufacturing (AM)—it's not just another tech buzzword. It's revolutionizing everything from life-saving medical devices to cutting-edge aerospace components. But as with any game-changing innovation, there's a wild west era before standards reign in the chaos. Enter ANSI and America Makes, offering new...

Continue Reading
Fiber Giants Unite to Boost Connectivity in Montana

Updated Category News Views 4

Montana's Broadband Transformation Takes a Leap Folks in Northwest Montana, take note. Vero Fiber and MontanaSky have tied the knot, officially sealing a merger that doesn't just unite two reputable broadband providers but promises to shake up the internet game across the region. Just ask anyone who's tried to stream a movie during peak hours in Flathead Valley. A...

Continue Reading
Li-Fire Expands Fire Safety Amid Rising Battery Risks

Updated Category News Views 7

A Crunchy Look at New Fire Safety Moves Well, folks, here's a twist we didn't see coming but sure makes sense in today's electrifying business landscape. Li-Fire, the big brains behind lithium battery fire suppression, is spreading its wings nationwide, or at least its wholesale and distribution programs are. And right ahead of National Fire Safety Week no less—talk...

Continue Reading
Concrete Pipe: Foundation of Modern Infrastructure

Updated Category News Views 8

Reinforced Concrete Pipes Hold Their Ground You know, it might not be the flashiest part of our infrastructure toolkit, but concrete pipe plays a mighty big role behind the scenes. Even in this age of shiny new tech and constantly evolving materials, the classic concrete pipe still packs a punch—especially when you demand something that'll last. Enter Stephanie Ward, a...

Continue Reading
Sports Research Joins Costco: Creatine Mix Available

Updated Category News Views 5

Breaking Into the Big League: Sports Research Hits Costco When a company's product finds its way onto Costco's shelves, you know they're not just playing in the minor leagues anymore. This October, Sports Research® made a bold move into the retail giant's sports nutrition section with their new Creatine + Electrolytes powder. It's not their first rodeo when it comes to...

Continue Reading
Nukleus Launches Unified Platform for Athletes' Business

Updated Category News Views 7

Leveling the Business Field for Athletes Athletes spend their lives fighting for every inch on the field, and now Nukleus is giving them the tools to hold ground off it. Why should they be the last ones to know their own business? Ashton Jeanty and Nukleus got tired of that narrative and kicked off a platform today with a real promise: putting an athlete's entire business...

Continue Reading
Nelson-Jameson Boosts Cold Storage in California Move

Updated Category News Views 4

An Icy Boost for the West Coast Dairy Player Every now and then, a company gets its cold storage game just right. Nelson-Jameson has added fresh muscle to its Turlock facility in California, making waves with serious logistical upgrades. The company's dogged pursuit of better operational efficiency in dairy processing isn't just about bragging rights. It's plain old good...

Continue Reading
Maternal Health Index: A New Tool With Big Ambitions

Updated Category News Views 7

A Fresh Take on Maternal Health Today's all about the Heartland Forward's fresh tool, the Maternal Resiliency Index. It's making a splash at the 2026 Heartland Summit with a lot of promise on its shoulders. Backed by economists and health gurus like Emily Oster and Dr. Neel Shah, this index ain't your run-of-the-mill tool. It's here to shake the couch coins out of...

Continue Reading
MiniCo's New Desk: A Game Changer for E&S Market

Updated Category News Views 4

A New Chapter in Industrial Casualty Look out, folks! MiniCo Insurance Agency is making waves with its latest launch. They're teaming up with Lloyd's of London, not to sell fish and chips, but to bring something groundbreaking in the insurance space—an industrial casualty trading desk. And if you’re raising an eyebrow wondering why this matters, let me break it down...

Continue Reading
Ultrabench Revolutionizes AI Model Comparison Game

Updated Category News Views 3

Breaking Down the Messy AI Model Landscape Ultrabench.ai is here to drag AI model comparison out of the dark ages. Picture this: 309 AI models, ranked against a whopping 530 benchmarks, all served up on one plate. If you’re navigating the AI jungle, you’ll realize how Ultrabench is no small fish in this vast ocean. Consolidating Where Others Have Scattered There's a...

Continue Reading

Top 5 Most Recently Viewed Articles

Exploring Shopify's Evolving Options Market Dynamics

Updated Category News Views 153

Shopify's Resurgence in Options Trading Investors are showing an increased interest in Shopify (NASDAQ: SHOP), which is evident from the bullish trend unfolding in the options market. Recent tracking of options activities reveals that powerful investors are making significant moves that could hint at larger market shifts. While we cannot identify these investors, their...

Continue Reading
Pacira BioSciences Induction Grants: What You Should Know

Updated Category News Views 196

Pacira BioSciences Announces New Inducement Grants On a notable day in early 2025, Pacira BioSciences, Inc. (NASDAQ: PCRX), a frontrunner in the field of innovative, non-opioid pain therapies, revealed the granting of inducement awards as part of their strategy for onboarding new talent. This exciting development came as a significant step in expanding their team and...

Continue Reading
Invesco's Recent Dividend Announcements Impress Investors

Updated Category News Views 131

Recent Dividend Declarations from Invesco Funds The Board of Trustees for several Invesco closed-end funds has officially announced the latest dividends, capturing the attention of investors keen on steady income streams. Invesco has established itself as a responsible asset manager, continually striving to enhance shareholder value through consistent dividend payments....

Continue Reading
Prestige Wealth Inc. Expands with Wealth AI Acquisition

Updated Category News Views 247

Prestige Wealth Inc. Expands Its Portfolio with Strategic Acquisition Prestige Wealth Inc. (NASDAQ: PWM), a leading provider of wealth and asset management services, has made a noteworthy advancement in the financial technology sector. The company recently revealed that it has entered into a definitive agreement to acquire SPW Global Inc., the parent company of Wealth AI...

Continue Reading
Belfry Software Secures $12 Million for Future Growth and Innovation

Updated Category News Views 675

Belfry Software Secures $12 Million for Growth In a significant move to enhance its platform, Belfry Software has successfully raised $12 million in a Series A funding round. This funding, led by Base10 Partners, elevates Belfry's total investment to $20 million. The newfound capital aims to bolster product innovation and enrich customer experiences amid rising market...

Continue Reading