I hung up on the conference call after I realized it was basically nothing.
DTC is claiming they can use Global Lock as an excuse to not deliver. Any lawyer with a brain would demand proof the "global lock" was adopted under the Securities and Exchange Act of 1934 and therefore can affect delivery of securities.
Not one time has anyone related to BCIT forced the DTC to prove a global lock is part of federal securities law. It's an internal rule of a private for-profit New York corporation.
It's like watching 8-year olds sometimes.
Not one person has called James Femia out on his affidavit claiming they have all shares.
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