brooqLy, Inc (OTCM: BRQL), an innovative technology company, reported today that it has been approved for DWAC/DRS service, a preferred stock transfer system.
-brooqLy, Inc (OTCMKTS:BQRL)
DWAC (Deposit/Withdrawal at Custodian) and DRS (Direct Registry System) are two methods that enable electronic transfer of paper share certificates to and from the DTC (Depository Trust Company). Both systems allow broker dealers to hold the securities in electronic form with the transfer agent rather than requiring paper certificates. This approval came as a result of brooqLy’s first trading on October 16, 2023, on OTC Markets under the Ticker Symbol, BRQL.
“The DWAC/DRS application approval is one element of brooqLy’s larger plan to improve our investors’ experience, and continue under a humble path to maximize shareholder value under a solid strategy”, said Mr. Panos Lazaretos, CEO of brooqLy, Inc.
brooqLy is a technology company that has developed an innovative platform for consumers, brands, and retail shops to connect and interact through a Social Networking experience. Currently the platform enables its users to purchase and send consumer products from collaborating retail shops, called “Treats”, to anyone, anywhere, and at any time, in a personalized way. The company aims to upgrade the platform to a holistic “out-of-home entertainment” platform by adding further user-friendly functionalities for its users.
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