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Email from Shawn Received on Friday after market close:
Sorry folks, I missed this and only just spotted it in my in box so am posting it immediately:
Hello XXXXXXX,
Thanks for the links. As expected, we should be posting a PR by Monday. Tuesday at the latest.
Shawn
also kind a thought that we could be getting manipulated lol
http://www.quora.com/How-can-companies-get-rid-of-a-DTC-Chill
Heres what allot of folks dont understand about a chill.You and I can still trade while a company is placed on a chill.Unless like TDAmeritrade they dont allow you to buy a stock with a chill on it.But when a company has a chill the company cant call the T/A and say sell 40 mil shares for dilution today.They have to get things done the old fashioned way because they cant use the electronic system (DTCC) anymore while the chill is in effect.They can only sell shares manually by filling out all the necessary paperwork and filing it with the T/A and stuff like that.Now with a PAPER TRAIL THEY ARE EASIER TO FOLLOW AND HAVE TO BE SPOT ON WITH THEIR NUMBERS NO SHANANIGANS LIKE WITH THE ELECTRONIC TRANSACTIONS
Definition of 'Chill'
http://www.investopedia.com/terms/c/chill.asp#axzz27FPUETYF
Special restrictions that can be placed on a given security by the Depository Trust Company (DTC). Chill restrictions are intended to limit the potential for problems within the financial marketplace, and can be placed on a security for various reasons.
Investopedia Says
Investopedia explains 'Chill'
Owned by many financial companies including the New York Stock Exchange (NYSE), the DTC acts as a clearinghouse for stock exchange securities, settling trades in corporate and municipal securities. If the DTC has cause to be concerned about a specific security currently processed through its system, it may place a "chill" status on the security. This will restrict brokerages' ability to transfer the shares or units of the security through DTC until the security's issues are cleared up or it ceases trading on the market.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79829350
http://www.sec.gov/answers/form8k.htm
I was trying to put 2 and 2 together I figured we needed to complete an 8-K for our Cleanfield Acquisition
http://ih.advfn.com/p.php?pid=nmona&article=52736499
what do you think?
Maybe it's just a problem with TDA. I haven't heard about 8k.
agree being sarcastic really ,but still not showing up on any list and there was someone who had mentioned on the 17th ,obviously some are privileged, so IDVC ARE? i guess Shawn acknowledged the issue so we're getting our 8-K ?
I would think it would take a while to resolve a DTC issue.
Spuds ... what debut for Shawn? Is he taking over permanently from Eric?
lol my bad, yes Shawn's big debut lets go IDVC MONDAY ROLL OUT THE RED CARPET
OK you must have hit the wrong button then.Your post said B-K Mon not 8-K and news Wed http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79830055
i hope so that's why i was lol , we'll probably have some delays imo,who knows just speculating GO IDVC
Did you mean 8-K Mon
B-K MONDAY THEN PR WED. LOL GO IDVC
An 8k Would be a simple fix.
Well if people are having problems buying and its about to be resolved...this should explode when news hits next week!
Infrastructure Developments Corp. (OTCBB:IDVC) (the "Company") today announced that it has acquired a majority ownership of Cleanfield Energy, Inc., pursuant to the provisions of a debt settlement agreement. NO 8-K ?
interesting read , refer to the billy character lol seems to know what he's talking about ,maybe we're in the same vote SOMETHING BIG GOING DOWN $$$$ flagged for the wrong reasons or not at all???
https://www.zecco.com/community/here-are-the-nondtc-stocks-big-fees-if-you-sell.aspx?postid=31697&type=discussion
Each broker does not determine DTC eligibility. DTC eligibility is determined by DTC. This is a factual issue. Plain and simple.
The problem that has arisen stems from two sources:
DTC has taken a lot different stance on maintaining DTC eligibility when capital structure changes occur to a company. It used to be that continuing DTC eligibility was a given. That is no longer the case.
Some of these marginal companies are none too good at doing the administrative tasks to ensure continued DTC eligibility.
Infrastructure Developments Corp. (OTCBB:IDVC) (the "Company") today announced that it has acquired a majority ownership of Cleanfield Energy, Inc., pursuant to the provisions of a debt settlement agreement.
found another source and still nothing
http://www.tradingdirect.com/Static/StandAlone/non_dtcc_list.pdf#zoom=80%
I looked at the DTCC website and still found nothing for 2012.
http://search2.dtcc.com/?q=Infrastructure%20Developments%20Corp%20%20stock%20pick%20IDVC
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ya but one poster knew https://login.dtcc.com/dtcorg/
Shawn get'er done GO IDVC
I havent found it on any list either.Lots of stocks are getting cracked down on lately thou.For all kinds of reasons.The SEC is getting allot tougher on them these days with stricter rules and regulations.Hopefully it all ends up making a nicer market for us in the long run by making companies comply with the rules.
indeed and bad timing with this DTC issue ,I'd like the link to this list people knew from as far as the 17th. I 've checked 3 lists from 3 sources and still nothing, well as of yesterday. definetly has ruined my weekend, have to sum it up as IDVC dropped the ball.Hard to stay positive from here so this pr better be the cherry on top then again you can't buy, what a mess/miss, time will tell.
Looking forward to seeing news Monday and a nice week for us.
I just placed an order a little bit ago and got the same message.
I bought earlier in the week with TDA but got the DTC Chill notice when I tried today.
Have to wait and find out Im curious to see the response from Stock Pres thou.
maybe try buying lol StockPrez will get back to us ,has talked with Shawn and is working on it,what ever that means,usually i'm the first who can't buy with Questrade so it can't be that big of a deal because i can buy IDVC
Same here.Never have any trouble unless its a shady company with questionable trading activities.GO IDVC
I trade with TDA.
Never have a problem unless a company is having legal issues. Go IDVC!!! Holding long. Strong company and they will make us money. IMO.
I have TD Ameritrade and didnt have any trouble buying last week when I got some.Is this something new that folks are having trouble with.
Im ready for it.
ahhh thks keep me posted GO IDVC :)
I have TDA and cannot buy. I addressed this problem with Shawn, and he sent me an email stating that he is working to resolve the issue.
OHHH OK but i bought a couple of days ago Questrade never would let me buy if that was the case so TD is misinformed or what? please investigate when u can ,I have and i'd say TD is mistaken
Yeah, good point. That happens a lot as well. Could be someone trying to load more on the cheap. Gotta be careful doing that. News can hit anytime and that trick can backfire on them when they find out all their shares have sold before the run.
IDVC
That .002 sell may be fake once .0017 are gone we will find out. Looking forward to next week news announcement.
.002 ask preparing for a nice close in anticipation of ceo announcement monday.
Whoever is trying to sell at .002 via ATDF needs to break up their order. Not going to able to sell that much at once today on this volume.
IDVC
http://www.mastertrader.com/TradingResources/dtcc.aspx
why would u tell me by PM they where non eligible when infact IDVC is ??? I trade with Questrade they'd tell me immediately we're fine like wine
http://www.tradingdirect.com/Static/StandAlone/non_dtcc_memo.html
HUMAN UNITEC INTL INC
422463109 HRNF HEATHROW NATURAL FOOD
41164A103 HTDS HARD TO TREAT DISEASES INC
419018106 HTHXF HATHOR EXPLORATION LTD
443305107 HUAZ HUA YE GAS GROUP HOLDING CO
444722102 HUIY HUI YING TECHNOLOGY & MEDIA
44914B108 HYRRE HYPERERA INC
46062P995 IARYZZ INTERNETARRAY INC
45577R108 IDCN INDOCAN RESOURCES INC
45662H106 IFHRYZ INFE HUMAN RESOURCES INC
45684G508 IGNT INGEN TECHNOLOGIES INC
45684G409 IGNTXZ INGEN TECHNOLOGIES INC
85529C106 IMNS STAR8 CORP
44973X108 IMWL IMUSIC WOLRDWIDE INC
45776H992 INCAZZ
Spuds here is the reference I'm referring to: Looks like monday update.
Jimmy40
Tuesday, September 11, 2012 9:50:34 AM
Re: None
Post # of 4115
New CEO And Updated Business Plan Expected Within a Week!
Here's the email reply I got from Shawn Teigen:
Hello XXXXX,
I would think within the next week or so.
Sorry for the delay. Thank you for your patience.
Shawn
On 9/8/2012 9:02 AM, XXXXXXXXXX wrote:
Shawn, Eric,
how soon can we expect news of a new CEO and an updated business plan?
XXXXX XXXXXX
I looked we're not there IDVC are u sure
Poster here had contact with the ceo who said news friday or monday at the latest from new ceo. Have to find it later.
Could u PM the link for me IDVC
Ya here's the dip ,buy the dip here's a cool video for laughs lol
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