InvestorsHub Logo
Followers 41
Posts 4290
Boards Moderated 0
Alias Born 03/10/2010

Re: ChuckD-MSB post# 80946

Monday, 08/31/2015 11:42:06 AM

Monday, August 31, 2015 11:42:06 AM

Post# of 83044
Note from Lee:

Copper King rising from the dead as it has, has been a new experience for just about everyone involved. There have been tons of loose ends to be tied off and lots of hoops to jump through. Some of these have been big surprises, others we knew were coming but have taken far longer to negotiate or get resolved or fixed than we expected. But there has not been a lack of focus, we have continued to move forward daily. The lines of communication have been open between all parties. There are a myriad of quasi-government or regulatory agencies involved. Everyone from the SEC to the Depository Trust Corporation to Financial Industry Regulatory Authority has their own way of doing things.

In many instances accomplishing what we are trying to do with Copper King is like trying to fit a square peg in a round hole.
Over the past few months there have been dozens of phone calls and hundreds of emails exchanged with the regulators. For example in the last few months there have been approximately 176 emails exchanged between management and the mandatory reorganization section of the Depository Trust Corporation.


Latest: I got a text from Lee at 2 AM that said the documents were fixed and would be sent to the DTC this morning with a follow up phone call.


If everything goes smoothly, the following brokers should be receiving shares by the end of the week....

American Enterprise Investment Services
American Foundation for Charitable Support Inc
Ameriprise Enterprise Investment Services
Apex Clearing Corporation USA
BMO Capital Markets
BNP Paribas Securities Corp.
Brown Brothers Harriman & Co
Cede & Co
Charles Schwab & Co Inc
Citigroup Global Markets Inc
Clearview Correspondent Services Llc
Convergex Execution Solutions LLC
E*Trade Clearing LLC
Egger & Co
Equity Trust Company Custodian
First Clearing LLC
Gerlach & Company
Goldman Sachs & Company
Gundyco
Hare & Co LLC
Interactive Brokers LLC
JP Morgan Clearing Corporation
Knight Execution and Clearing
Legent Clearing LLC
LPL Financial
Merrill Lynch Pierce Fenner & Smith Incorporated
Morgan Stanley Smith Barney
National Financial Services Llc
Nesbitt Burns
Oppenheimer & Co Inc
Optionsxpress Inc
Penson Financial Services Inc
Penson Financial Services Inc
Penson Financial Services of Canada Inc
Pershing LLC
Raymond James & Associates Inc
RBC Capital Markets LLC
RBC Dominion Securities Inc
Ridge Clearing and Outsourcing Solutions Inc
Scotia Capital Inc
Scottrade Inc
Southwest Securities Inc
Sterne Agee & Leach Inc
TD Ameritrade Clearing Inc
TD Waterhouse Canada Inc
UBS Financial Services Inc
US Bancorp Investments Inc
USAA Investment Management Company
Vanguard Brokerage Services
Wedbush Morgan Securities
Winterflood Securities Limited

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.