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Digital audio service eligible for OTC trading.

StationDigital Corporation says it has 23 million song titles that it sorts and streams for some 3 million users -- and now it's ready to attract investors and in an attempt to accelerate its growth.

The Depository Trust Company has certified its eligibility to sell shares as OTCQB: SDIG.

"DTC eligibility represents the final step for our company to offer our new SDIG ticker and present our invigorated focus on bringing considerable value to shareholders," said Lou Rossi, Chairman/CEO of StationDigital. "This gives us increased visibility to the investor market, greater liquidity, and simplifies the trading of our stock going forward. StationDigital is poised to capture a significant portion of the massive streaming music market and we believe the company is taking all of the right steps to attract substantial investor interest and reach new milestones. We would like to thank our transfer agent Vstock Transfer for their guidance through this process."

Users can discover music by genre or by artist and receive personalized recommendations online or via iOS and Android apps.

RBR-TVBR observation : There's already plenty of competition coming at terrestrial radio from the digital arena, and here comes one more trying to get bigger. Smart radio companies will compete in this arena as well as in their own local markets.

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Publication:Radio and Television Business Report (RBR+TVBR)
Date:Sep 11, 2014
Words:227
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