Bannockburn, Il June 29th, Veroni Brands Corp. (“Veroni” or the “Company”) (OTCBB:VONI), an importer of premium beverage, chocolate and snack products produced in Europe, which sells and distributes to domestic and international retailers, has received approval from the Depository Trust Company (DTC), making its shares DTC eligible. DTC, the largest security depositary in the world, provides settlement systems for equities in the U.S. and throughout the world. DTC is a member of the U.S. Federal Reserve System and a registered clearing agency with the U.S. Securities and Exchange Commission.
Igor Gabal, President and CEO, stated, “Receiving DTC eligibility and listing service on the OTC Market Group, will allow us to expand Veroni’s exposure to a larger investment community while providing a lower-cost, more seamless trading experience with a diverse network of broker-dealers that provide liquidity and execution services enabling investors to easily trade our Company’s stock through the broker of their choice.
The DTC eligibility completes the phase for efficient trading of the Company’s stock. We will continue to evaluate opportunities and options to further improve liquidity in the market while providing timely updates on the implementation of our aggressive business plan.”