Advancetc Stock Price, News & Analysis

AdvanceTC Limited (OTCQB: ATCLF) has released an Investor Guide detailing the company's achievements and future plans. Founded in 2005, AdvanceTC specializes in mobile telecommunications and computing devices, highlighted by the world's first Android satellite smartphone. CEO Loi Cheng Pheng emphasizes the company's innovative approach to multimode communication, integrating various channels. The company aims to expand its market share by marketing to existing satellite phone users and plans to provide regular updates on its upcoming flagship device, anticipated to attract institutional investors within 12 months.

AdvanceTC Limited has launched its innovative communication app, StarzChat, which integrates various communication modes such as messaging, video calls, and emergency location sharing. Users with AdvanceTC satellite smartphones can additionally access Digital Mobile Radio and satellite communications. The app is currently in beta and targets a public release by August 2021. StarzChat utilizes the open-source matrix protocol, boasting over 28 million users worldwide, ensuring secure, end-to-end encrypted messaging.

AdvanceTC Limited (OTCQB:ATCLF) has announced its approval for DTC electronic (DWAC/FAST) eligibility, allowing shareholders to transfer shares electronically. This change significantly reduces stock deposit and withdrawal time from weeks to days, enhancing liquidity and accessibility for trading. The approval also mitigates risks and costs linked with physical stock certificates. Established in 2005, AdvanceTC specializes in innovative mobile telecommunication and computing devices, including the AdvanceTC W3 and Xplore X7.

AdvanceTC Limited has received approval to uplist to the OTCQB Venture Market as of April 5, 2021. This move is part of the company's strategy to enhance visibility and accessibility for U.S. investors. The OTCQB Market requires companies to meet strict financial conditions, which may improve confidence among investors. Additionally, AdvanceTC recently achieved DTC Eligibility, simplifying share trading and potentially increasing liquidity. The CEO, CP Loi, emphasizes the long-term benefits of this transition for investor engagement and financial reporting.

AdvanceTC Limited (OTC:ATCLF) has received DTC eligibility for its shares effective March 5, 2021. This status, granted by The Depository Trust Company, streamlines the process of trading and exchanging stock, enhancing the liquidity for investors. CEO CP Loi expressed optimism regarding the company’s progress and acknowledged the support from advisors and transfer agents. AdvanceTC specializes in advanced mobile communication technology, including its innovative satellite-smartphone products.

AdvanceTC Ltd announced its participation in promoting leapfrog technologies to enhance the Malaysian economy, particularly within Malaysian Vision Valley (MVV). The company signed a Memorandum of Understanding (MoU) with the Malaysian Institute of Economic Research (MIER) on September 28, 2020. MIER will function as AdvanceTC's Business Development, Financial, and Commercial Consultant and support the marketing of its projects as national initiatives. This collaboration aims to foster economic research and development in Malaysia and ensure success in satellite communication technology projects.