Respect Your Universe Accepted by the Depository Trust & Clearing Corporation (DTCC)
(firmenpresse) - LAS VEGAS, NV -- (Marketwire) -- 08/23/11 -- Respect Your Universe (OTCBB: RYUN) is pleased to announce that its common stock is now registered with the Depository Trust & Clearing Corporation (DTCC). The DTCC is focused on creating liquidity and stability in the global capital markets by providing electronic clearance and settlement of trades for equities.
Having access to the DTCC services gives the Company greater exposure to the capital markets while at the same time offers various services including greater transparency of the Company's share exchange.
Respect Your Universe President John Wood said, "What was once an easy process in receiving DTCC approval has now become a complex and thorough investigation by the DTCC to minimize 'shell corporations' from portraying themselves as significant companies. We have now gone through this investigative process with the DTCC and are pleased that we have satisfied their requirements as an established Company with a solid management, business plan, and platform for growth. We believe this step should allow for greater credibility and transparency in our public markets regarding trading, liquidity, and stability in our continued efforts to build RYU into the premium Mixed Martial Arts apparel provider globally."
Respect Your Universe, Inc. (OTCBB: RYUN) is a premium performance apparel and equipment company rooted in and inspired by Mixed Martial Arts. Focused on the needs of the athlete, RYU brings innovative design, development and production of premium authentic performance gear with style to mixed martial artists and athlete enthusiasts worldwide. The RYU brand is based on respect, honor and sustainability.
Except for the statements of historical fact contained herein, the information presented in this news release constitutes "forward-looking statements" as such term is used in applicable United States laws. These statements relate to analyses and other information that are based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management. Any other statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as "expects" or "does not expect," "is expected," "anticipates" or "does not anticipate," "plans," "hopes," "estimates," "projects" or "intends," or stating that certain actions, events or results "may," "could," "would," "might" or "will" be taken, occur or be achieved) are not statements of historical fact and should be viewed as "forward-looking statements". Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such risks and other factors include, among others, the actual results of sales and designs of our apparel, the MMA industry and market, the apparel industry and market, the availability of capital to fund our business plan and the resulting dilution caused by the raising of capital through the sale of shares, product manufacturing and sourcing, and labor. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements contained in this news release and in any document referred to in this news release.
Respect Your Universe, Inc.
Investor Relations:
+1-888-455-6183 ext 102
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Unternehmensinformation / Kurzprofil:
Datum: 23.08.2011 - 13:00 Uhr
Sprache: Deutsch
News-ID 58281
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contact information:
Town:
LAS VEGAS, NV
Kategorie:
Fashion
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