SOURCE: LCTI Low Carbon Technologies, Inc.
VANCOUVER, BC--(Marketwired - March 17, 2014) - LCTI Low Carbon Technologies International, Inc. (PINKSHEETS: LWCTF) (the "Company"), a diversified company focused on the clean-tech, construction, energy & energy efficiency, environmental, mining and real estate business sectors, today announced that they have received approval from The Depository Trust Company (the "DTC"), thus providing the Company with DTC eligibility.
DTC eligibility allows for LCTI shares to be easily and economically transferred between brokerage accounts electronically. The DTC is the largest securities depository in the world and acts like a clearinghouse for brokers, providing various services.
"The ability to have LCTI shares electronically transferred between brokerages is much more efficient and reduces the costs incurred in trading," said CEO Bryan Scott Jarnagin, "This makes it more economical for brokers to buy and sell our shares."
About LCTI Low Carbon Technologies International Inc.
LCTI Low Carbon Technologies International Inc. is a diversified clean-tech holding company. LCTI acquires profitable operating businesses, and clean-tech technologies. LCTI utilizes its clean-tech technologies in the development of clean-tech projects. LCTI combines the clean-tech technology with each profitable operating businesses. LCTI also issues technology sub-licenses and in return receives equity in projects and/or the companies who are issued the clean-tech technology license. For more information please visit our website www.lctiinc.com
This news release contains forward-looking statements. These statements fall within the meaning of the Private Securities Litigation Reform Act of 1995 (the "ACT"). Such statements are not historical facts; including statements about plans and expectations regarding products and opportunities, demand and acceptance of new or existing products, capital resources and future financial results - all forward-looking. Forward-looking statements involve risks and uncertainties which may cause the Company's actual results in future periods to differ materially from those expressed. These uncertainties and risks include changing consumer preferences, lack of success of new products, loss of the Company's customers, competition and other factors discussed from time to time in the Company's filings with the Securities and Exchange Commission. You can identify forward-looking statements by terminology such as "may," "should," "expects," "plans," "anticipates," "believes," "estimates," "predicts," "potential" or "continue" or the negative of these terms or other comparable terminology. These statements are only predictions. Other factors may cause the Company or the industry's actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our business, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggested herein. Except as required by applicable law, including the securities laws of the United States, the Company does not intend to update any of the forward-looking statements to conform these statements to actual results.