FT. LAUDERDALE, Fla., July 10, 2012 /PRNewswire/ -- Perla Group International Inc., (Pink Sheets: PERL) a leader in the international military, police and security solutions sectors, announced that effective July 9, 2012, Broadridge Corporate Issuer Solutions, Inc., has become the company's new registrar and stock transfer agent. The company made the switch to Broadridge in order to increase its operational efficiency and to begin the application process to make its common stock DTC Eligible.
The company also announced that it has retained the services of a prominent securities attorney to assist in upgrading Perla International's status on the OTC Market Tiers. The attorney has begun the process of writing an opinion letter and submitting all necessary documentation in order to be designated as "OTC Pink Current Information." The company hopes to announce its completion in the near future.
"We are very happy to have secured the services of a company of Broadridge's stature," stated Charles D'Alberto, President and CEO of Perla Group International Inc. "This move will allow us to begin the process towards becoming DTC eligible and streamlining the manner in which our stock is transferred." Regarding the OTC Market upgrade, Mr. D'Alberto said, "We have been reporting our financials on OTC Markets system for quite some time and are only lacking the submission of a few documents to finalize the process. Once completed this will more properly reflect our actual standing since our quarterly and annual financial reports are already posted on pinksheets.com."
Additionally, Perla Group International has announced that it has a new Investor Relations telephone line which will be dedicated to assisting all current and prospective shareholder needs. Mr. D'Alberto concluded, "This is a very exciting time for Perla Group International and we want to make sure that our shareholders will be kept abreast of all current and future company developments."
About Perla Group International
Perla Group International is an emerging leader in the international military, police and security solutions sectors. It was established with the vision to become the industry's leading turnkey solutions developer and services provider. Perla Group's success is built on a combination of trust, backing and support of top industry specialists and a talented team's unwavering commitment to service excellence. With its four divisions: Perla Telecoms, Perla Aviation, Perla Armored Cars and Perla K-9 Services, it places Perla Group in a unique position to service many of its existing clients with multiple value added services and thereby attract key new clients.
"Safe Harbor Statement" under the Private Securities Litigation Reform Act of 1995. This press release contains forward-looking statements that involve risks and uncertainties. The statements in the Release are forward-looking statements that are made pursuant to safe harbor provision of the Private Securities Litigation Reform Act of 1995. Actual results, events and performance could vary materially from those contemplated by these forward-looking statements.
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SOURCE Perla Group International Inc.