WASHINGTON, DC -- May 8, 2017 -- InvestorsHub NewsWire -- Affinity Beverage Group, Inc ( OTC Pink: ABVG, herinafter the "Company") " announced today that the Company has been removed from the DTC Chill list and is now approved as a DWAC and FAST (Fast Automated Securities Transfer service) trading eligible company. DWAC enables investors to hold securities in registered form on the books of the transfer agent rather than in physical form. DWAC is an electronic transaction system run by The Depository Trust Company (DTC) that makes it possible to transfer new shares or paper share certificates between broker/dealers or custodial banks, the DTC participants, and the issuer’s transfer agent.
 
There are several benefits to DWAC rather than traditional paper issuance of stock certificates. First, it reduces the amount of time of the settlement process, the transfer and delivery of securities, for investors. The second benefit is that there is less risk of losing physical certificates. Thirdly, it lowers the cost of shipping and handling costs that are necessary to deliver paper certificates.
 
"Achieving this goal was high on our list of corporate governance restructuring matters that we wanted to address when we assumed control of the company. We feel that is is extremely important to give as many potential investors the best and most efficient opportunities to participate in our offering.  Many investors who rely solely on trading platforms that utilize FAST as a critical element of their investment process are now able to participate in our offering", stated Company CEO, Janon Costley. 
 
Please continue to follow the Company for more information and further updates.
 
About Affinity Beverage:
Affinity Beverage Group, Inc. (www.affinitybeverage.com) is a holding company that focuses on branded consumer product acquisition opportunities in the $3.4 trillion health and wellness sector.  Affinity primarily targets lifestyle brands, companies, and/or exclusive product distribution rights focusing on traditional and non-traditional, healthy beverage options. Affinity will also seek opportunities involving uniquely positioned young brands specializing in all natural/organic foods, bio-food, supplements and personal care products for strategic partnerships, distribution agreements and potential acquisition.
 
Forward-Looking Statements
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules.  All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties.  There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.  Technical complications, which may arise, could prevent the prompt implementation of any strategically significant plan(s) outlined above.
 
Contact:
Affinity Beverage Group 
info@affinitybeverage.com
IG: @affinitybeverage  
Twitter: @affintybev
P. 888.406.1138
 
SOURCE Affinity Beverage Group

 

 

 

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