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New OTC Bulletin Board Listing: Kensington Leasing

July 15, 2009 (FinancialWire) — Equipment leasing company, Kensington Leasing, Ltd. (OTCBB: KNSL) was officially listed to the Over-the-Counter Bulletin Board today as an NSCC (National Securities Clearing Corporation) eligible security.

Kensington Leasing was previously a NBB (Non-Bulletin Board) security. NBB securities are OTC securities that are not quoted on the OTCBB, which may or may not be quoted on the Pink Sheets (also called “Other-OTC”).

From Kensington Leasing’s July 2, 2009, Form 10-Q Filing (Quarterly Report):

“The Company plans to specialize in leasing equipment to a select clientele. The Company has chosen to support the legal, medical and real estate professional with high quality computer hardware and software so they can forget about shopping, understanding and buying the latest version of computer peripherals and concentrate on their business.  The Company plans to keep its future customers abreast of the latest changes and support them with their hardware and software needs. The Company will also perform training and on-site maintenance through its hardware and software affiliates. In short, The Company takes the hardware burden from these professionals and supports them with one stop shopping and support for all their electronic and computer equipment.

“The Company will specialize in leasing information processing and communications equipment, principally to established, creditworthy customers, primarily in the real estate profession. The Company’s leasing activities will be conducted primarily through equipment wholesalers.”

Kensington Leasing’s complete 10-Q is directly accessible at the OTCBB web site (http://www.otcbb.com/asp/Info_Center.asp).

The OTC Bulletin Board (OTCBB)  provides access to more than 3,300 securities.  The OTCBB is a regulated quotation service that displays real-time quotes, last-sale prices, and volume information in over-the-counter (OTC) equity securities. An OTC equity security generally is any equity that is not listed or traded on NASDAQ or a national securities exchange.  OTCBB securities include national, regional, and foreign equity issues, warrants, units, American Depositary Receipts (ADRs), and Direct Participation Programs (DPPs).

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Free annual reports for companies mentioned in the news are available through the Free Annual Reports Service (http://investrend.ar.wilink.com/?level=279).

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