Thursday, April 10, 2014 9:47:00 PM
It's VERY risky playing this IMO. The fact that the ticker was mentioned in a few SEC complaints against toxic lenders and then soon after that EVERYONE in this company disappeared, doesn't leave a good impression.
Even if they get "acquired", what the heck are they going to be able to do with a global lock on them?
The DTCC won't release it for a reorganization. Look at BCIT. They have proved to the DTCC that the shares were legit but still no lift on the lock. That's been close to 20 years now I want to say...
Those SEC complaint mentions are what is going to stop anyone from ever having this security trade on the OTC properly again. I just don't see that being cleared up in any way.
Cheers
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