Global Boatworks Holdings Inc., a Florida corporation, that trades with the ticker symbol "GBBT" has been approved for electronic trading.
Brenda Hamilton, a securities attorney with Hamilton & Associates Law Group, P.A. of Boca Raton, Florida assisted Global Boatworks with its registration statement on Form S-1 and as its going public attorney for the Company's Form 211 and its ticker symbol assignment.
Online PR News – 02-March-2016 – Princess Anne – -Global Boatworks Holdings Inc., a Florida corporation, announced today that the Company's ticker symbol "GBBT" was provided by the Financial Industry Regulatory Authority ("FINRA"). "DTCC" stands for "The Depository Trust Clearing Corporation." DTCC is a member of the U.S. Federal Reserve System. It is a limited trust company under New York State Banking law and a registered clearing agency with the SEC. The purpose of DTCC is to reduce costs associated with securities processing by financial intermediaries serving the public. They accomplish this by retaining custody of over 2 million securities and converting them to electronic files. The depository also provides the services necessary for the maintenance of the securities it has in custody.The DTC eligibility process enhances capital market efficiencies and reduces costs to the industry by enabling eligible securities to be distributed, settled and serviced through DTC's automated processes.DTC's straight-through processing mitigates risk for the industry through automation and standardization.DTC's electronic systems, they greatly reduce the amount of time required to transfer and deliver securities, thereby significantly accelerating the settlement process for investors. They also eliminate the risk of losing physical certificates, as well as the higher transportation and handling costs associated with such certificates. Global Boatworks went public using a Direct Public Offering and a Form S-1 registration statement. Most private companies are unable to locate an underwriter prior to going public. A Direct Public Offeringprovides a viable solution to this dilemma. A Direct Public Offering allows a company to sell its shares directly to investors without the use of an underwriter. With a Direct Public Offering, the company files a registration statement with the Securities and Exchange Commission ("SEC") under the Securities Act of 1933, as amended (the "Securities Act").About Global Boatworks Holdings Inc.Global Boatworks builds and sells top of the line "Luxury Floating Vessels" to the southeastern United States. Global will market their vessels through real estate brokers, yacht brokers, International Boat Shows, trade shows, door-to-door and word of mouth. Global Boatworks will provide buyers with available docking, finance options, and insurance companies. Global will also offer the ability for purchasers to plan custom vessels to fit their lifestyle. Brenda Hamilton, a securities attorney with Hamilton & Associates Law Group, P.A. of Boca Raton, Florida assisted Global Boatworks with its registration statement on Form S-1 and as its going public attorney for the Company's Form 211 and its ticker symbol assignment.Company Contact:Global Boatworks Holdings, Inc.Bob Rowe2637 Atlantic Blvd. #134Pompano Beach, FL 33062Telephone 954-934-9400www.globalboatworks.comLegal Contact:Hamilton & Associates Securities LawyersBrenda HamiltonSecurities Attorney101 Plaza Real South, Suite 202 NBoca Raton, Florida 33432Telephone: (561) 416-8956Facsimile: (561) 416-2855www.SecuritiesLawyer101.com