VR Holdings Secures DTC Eligibility

April 18, 2012 - PRLog -- VR Holdings, Inc., , announced that it has secured DTC Eligibility by The Depository Trust Company for its shares on the OTC Bulletin Board effective April 18, 2012.  

The Depository Trust Company (DTC) is a subsidiary of the Depository Trust & Clearing Corporation DTCC, and manages the electronic clearing and settlement of publicly traded company stocks and other securities. Securities that are eligible to be electronically cleared and settled through the DTC are considered "DTC eligible." This electronic method of clearing securities speeds up the receipt of stock and cash, and thus accelerates the settlement process for investors.

“We are pleased to announce that we have obtained DTC eligibility,” said John E. Baker, President, VR Holdings, Inc. “Our shares can now be traded through professional accounts giving greater access to liquidity and an expansion of the types of investors who can now consider our shares for investment. We continue to make positive steps to grow the Company.”

About VR Holdings, Inc.: In addition to the recent acquisition of Litigation Dynamics, Inc., an e-discovery company, VR Holdings is, it believes, the only US corporation to go public with its major asset being a claim in a lawsuit. The Cancer Foundation, Inc., a 501(C)3 charity and large claimant planned to donate $75 million of its VRHD.OB holdings to Johns Hopkins Hospital in Baltimore, Maryland for pancreatic cancer research. It investigated why funds were not forthcoming, and discovered that there were other claimants, mostly senior citizens, that were also damaged by the actions of two lenders to several VRH subsidiaries. The company alleges that the Chief Financial Officer of one of the VRH subsidiaries admitted to being bribed by the lenders. The Foundation with 22 other plaintiffs commenced litigation against the lenders in 1997, which is now in Illinois State Court. VRH's registration statement describes the opportunity for claimants to exchange their claims for VRH stock, which the Cancer Foundation did.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release may contain forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words “believes,” “expects,” “anticipates” or similar expressions.  Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to differ materially from those expressed or implied by such forward-looking statements.  Certain risks are detailed in the Company’s Form 10-K and other periodic filings with the Securities Exchange Commission at www.sec.gov.  This news release speaks as of the date first set forth above and the Company assumes no responsibility to update the information included herein for events occurring after the date hereof. This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sales of securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or jurisdiction. No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended.