MDCE Shoots a Game Winner with Ticker Proposals: HOF, DUNK, or SLAM Await FINRA Approval | MDCE Stock News

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2 days ago
  • Medical Care Technologies Inc. (OTC PINK: MDCE) has submitted proposals to FINRA for a ticker symbol change, suggesting HOF, DUNK, or SLAM.
  • MDCE is transitioning into the collectibles and memorabilia authentication sector.
  • FINRA's approval process could take between three to ten months.

Medical Care Technologies Inc. (OTC PINK: MDCE) has announced a significant step in its strategic transformation by submitting applications to FINRA for a corporate name change and a new stock ticker. The company has proposed three potential ticker symbols: HOF, DUNK, or SLAM. This rebranding is part of MDCE's broader shift into the collectibles and memorabilia authentication market, leveraging its subsidiaries, Real Game Used and Infinite Auctions.

Real Game Used specializes in dual-method authentication for memorabilia across sports, music, and entertainment, while Infinite Auctions operates a high-end auction platform. According to CEO Marshall Perkins III, this change is intended to convey MDCE's new market positioning and strategic objectives. The transformation aims to resonate with collectors and enthusiasts who value authentic and rare collectibles.

The approval process by FINRA for the ticker change is expected to take between three to ten months. During this period, FINRA holds the final authority to approve or reject the proposed ticker symbols and company name change. Once approval is secured, MDCE plans to register the new company name with the State of Nevada, fully aligning its corporate identity with its innovative direction in the collectibles industry.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.