Homeland Security Capital Corporation Becomes DWAC Compliant And Enables Its Shares To Be Traded Electronically
Homeland Security Capital Corporation (OTCBB: HOMS), an international provider of specialized technology-based radiological, nuclear, environmental, disaster relief, electronic security solutions and real estate services to government and commercial customers, is proud to announce that the Depository Trust Company (DTC) has approved HOMS securities for Deposit/Withdrawal at Custodian (DWAC) and Fast Automated Transfer Program (FAST) transfer through the Company’s transfer agent, Worldwide Stock Transfer, LLC.
C. Thomas McMillen, HOMS Chairman and CEO, stated, “This action will provide our shareholders with greater liquidity and new efficiencies in the trading of our stock.”
HOMS filed an application with the DTC on July 20, 2011 and received approval as of July 29, 2011. With this new stock transfer capability, shareholders can now instantly transfer their stock electronically after buying or selling on the open market without the extra expense and delay made necessary by the physical transfer of certificates. Additional benefits of becoming DWAC/FAST approved include reducing the time from weeks to hours for stock deposits and withdrawals into brokerage accounts while eliminating the risk associated with the loss and replacement of stock certificates.
About Homeland Security Capital CorporationHomeland Security Capital Corporation (HOMS) is a company engaged in the strategic acquisition, development, and consolidation of homeland security-related and real estate services businesses. The company is focused on creating long-term value by taking controlling interest and developing its subsidiary companies through superior operations and management. Former Maryland Congressman C. Thomas McMillen, who served three consecutive terms in the U.S. House of Representatives from the 4th Congressional District of Maryland, heads the company. HOMS operates businesses that provide homeland security products and services solutions and real estate services, growing organically and by acquisitions. The company is targeting emerging companies that are generating revenues but face challenges in scaling their businesses to capitalize on homeland security opportunities.
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