$CBYI company has retained the services of a Los Angeles Securities Attorney Firm for assistance with the removal of the DTC Chill placed by DTCC in 2013. The information requested by DTCC is minimal and removal of the Chill removal is expected shortly. The restriction is a “deposit chill” and causes a prolonged settlement from the market trading, although the stock still traded electronically many brokers do not trade public company stocks that have a DTCC chill in place. Cal-Bay has a history of significant trading volumes prior to the chill, and is expected to be accepted by most brokers again after the removal of the chill.
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