Shi Corporation (SHCC)

[Buckey]

HUMMM - I think patience is the key here. Its all about revenge for me now making the broker look stupid and apologizing BUT at the same time shutting down that DRAGE con artist

[snowcloud]

Sorry, that's a drag, but what's your take on this? Is there a tiny pinpoint of light at the end of the MXSV tunnel?

http://investorshub.advfn.com/boards/read_msg.asp?message_id=28502543

[Buckey]

now April 145th and no response from broker - FINRA letter stated I was to receive response by ASpril 11th

[snowcloud]

I agree. Let's hope that something good comes of this for all MXSV'ers

[JimsZ]

I'm sure they have had hundreds of complaints regarding this... They have to do "something" for the shareholders that pay them continuously! Nice to see someone actually trying to do their job now

[Quaaflac]

LOL time for Drage to give up and put his tail between his legs.

[snowcloud]

FINALLY, someone in a position to do something about this recognizes what Drage is trying to do!

"The issuer is trying to put a record date of 9/14/07 to be eligible for the round up shares and that was not a part of the original agreement."

And they're moving on it:

"We are trying to work with the Depository Trust Company to work with the transfer agent on this issue."

Best MXSV-roundup news I've heard yet.

[Phoenix-Rising]

Posted by: KatoMike
In reply to: cintrix who wrote msg# 4744 Date:4/15/2008 9:42:36 AM
Post #of 4749

Dear Michael:

Thank you for your inquiry. The security MATRIX ENERGY SERVICES CORP went through a 1:1000 reverse split. The round-up shares were requested on 12/06/07 but at this time we have not received an anticipated pay date. The issuer is trying to put a record date of 9/14/07 to be eligible for the round up shares and that was not a part of the original agreement. We are trying to work with the Depository Trust Company to work with the transfer agent on this issue. It may be a while before this is resolved. Please feel free to status back at a later date. If you have any further questions, please let us know.

Sincerely,

Mary W.
Reorganization and Safekeeping, TD AMERITRADE
Division of TD AMERITRADE, Inc.

[Zardiw]

Oooh that should have been 'every morsel of Crow'...lol...z

[Zardiw]

I outdid myself on that post...lololol..et z

[ckayela]

Someone is selling or buying 500 shares, wonder if they are reoplacing shares or what.

[TEX]

that's what Drage is drinking...

[Art2Gecko]

lol... not vitamins.... mushrooms...

[Phoenix-Rising]

Then I would really choke... I dont want vitamins in my F-ing coffee. I want cream and sugar...

[Art2Gecko]

you should be drinking "Healthy Coffee™"

lol

[Phoenix-Rising]

you made me choke my coffee.. LOL

ouch that hurt..

[EvilTweety]

and hoist him on his own petard..."

I love that phrase and we don't get to use it very often.....:)

"hoist him on his own petard..." = "bitch slap the mofo"?

[Zardiw]

Well he stepped into the fraud sh.t pile when he tried to weasel out of the 500 roundup by playing the 'record date' card....now they're going to take him to task and hoist him on his own petard.....lololol....And he deserves every morsel that will be crammed down his throat......z

[sidedraft]

So if "Sec. 240.10b-17 Untimely announcements of record dates" calls the fax that Drage sent to the brokers a `manipulative or deceptive device or contrivance', does that constitute fraud.

[Zardiw]

LOLOL...Too Funny. Sending this seems to get results: Email them this: Rule 10b-17 -- Untimely Announcements of Record Dates
--------------------------------------------------------------------------------

It shall constitute a "manipulative or deceptive device or contrivance" as used in Section 10(b) of the Act for any issuer of a class of securities publicly traded by the use of any means or instrumentality of interstate commerce or of the mails or of any facility of any national securities exchange to fail to give notice in accordance with paragraph (b) hereof of the following actions relating to such class of securities:

A dividend or other distribution in cash or in kind, except an ordinary interest payment on a debt security, but including a dividend or distribution of any security of the same or another issuer;

A stock split or reverse split; or

A rights or other subscription offering.

Notice shall be deemed to have been given in accordance with this section only if:

Given to the National Association of Securities Dealers, Inc., no later than 10 days prior to the record date involved or, in case of a rights subscription or other offering if such 10 days advance notice is not practical, on or before the record date and in no event later than the effective date of the registration statement to which the offering relates, and such notice includes:

Title of the security to which the declaration relates;

Date of declaration;

Date of record for determining holders entitled to receive the dividend or other distribution or to participate in the stock or reverse split;

Date of payment or distribution or, in the case of a stock or reverse split or rights or other subscription offering, the date of delivery;

For a dividend or other distribution including a stock or reverse split or rights or other subscription offering:

In cash, the amount of cash to be paid or distributed per share, except if exact per share cash distributions cannot be given because of existing conversion rights which may be exercised during the notice period and which may affect the per share cash distribution, then a reasonable approximation of the per share distribution may be provided so long as the actual per share distribution is subsequently provided on the record date,

In the same security, the amount of the security outstanding immediately prior to and immediately following the dividend or distribution and the rate of the dividend or distribution,

In any other security of the same issuer, the amount to be paid or distributed and the rate of the dividend or distribution,

In any security of another issuer, the name of the issuer and title of that security, the amount to be paid or distributed, and the rate of the dividend or distribution and if that security is a right or a warrant, the subscription price,

In any other property (including securities not covered under paragraphs (b)(1)(v)(b) through (d) of this section) the identity of the property and its value and basis for assigning that value;

Method of settlement of fractional interests;

Details of any condition which must be satisfied or Government approval which must be secured to enable payment of distribution; and in

The case of stock or reverse split in addition to the aforementioned information;

The name and address of the transfer or exchange agent; or

The Commission, upon written request or upon its own motion, exempts the issuer from compliance with paragraph (b)(1) of this section either unconditionally or on specified terms or conditions, as not constituting a manipulative or deceptive device or contrivance comprehended within the purpose of this section; or

Given in accordance with procedures of the national securities exchange or exchanges upon which a security of such issuer is registered pursuant to Section 12 of the Act which contain requirements substantially comparable to those set forth in paragraph (b)(1) of this section.

The provisions of this rule shall not apply, however, to redeemable securities issued by open-end investment companies and unit investment trusts registered with the Commission under the Investment Company Act of 1940.

--------------------------------------------------------------------------------
http://www.law.uc.edu/CCL/34ActRls/rule10b-17.html

From Pinksheets.com:

Are there any filing requirements with the Pink Sheets for the issuers?

Issuers are not required to register securities with the Securities and Exchange Commission (SEC), or be current in their reporting requirements to be quoted on the Pink Sheets. Nor are issuers required to file financial or other company information with the Pink Sheets. SEC Rule 10b-17 requires all issuers of publicly traded securities, including Pink Sheets securities, to notify the NASD at least 10 calendar days prior to the record date of any dividend or other distribution, stock split, reverse split, or rights or subscription offering.

http://www.pinksheets.com/faq.jsp#3a


z

[Zardiw]

Email them This: Email them this: Rule 10b-17 -- Untimely Announcements of Record Dates
--------------------------------------------------------------------------------

It shall constitute a "manipulative or deceptive device or contrivance" as used in Section 10(b) of the Act for any issuer of a class of securities publicly traded by the use of any means or instrumentality of interstate commerce or of the mails or of any facility of any national securities exchange to fail to give notice in accordance with paragraph (b) hereof of the following actions relating to such class of securities:

A dividend or other distribution in cash or in kind, except an ordinary interest payment on a debt security, but including a dividend or distribution of any security of the same or another issuer;

A stock split or reverse split; or

A rights or other subscription offering.

Notice shall be deemed to have been given in accordance with this section only if:

Given to the National Association of Securities Dealers, Inc., no later than 10 days prior to the record date involved or, in case of a rights subscription or other offering if such 10 days advance notice is not practical, on or before the record date and in no event later than the effective date of the registration statement to which the offering relates, and such notice includes:

Title of the security to which the declaration relates;

Date of declaration;

Date of record for determining holders entitled to receive the dividend or other distribution or to participate in the stock or reverse split;

Date of payment or distribution or, in the case of a stock or reverse split or rights or other subscription offering, the date of delivery;

For a dividend or other distribution including a stock or reverse split or rights or other subscription offering:

In cash, the amount of cash to be paid or distributed per share, except if exact per share cash distributions cannot be given because of existing conversion rights which may be exercised during the notice period and which may affect the per share cash distribution, then a reasonable approximation of the per share distribution may be provided so long as the actual per share distribution is subsequently provided on the record date,

In the same security, the amount of the security outstanding immediately prior to and immediately following the dividend or distribution and the rate of the dividend or distribution,

In any other security of the same issuer, the amount to be paid or distributed and the rate of the dividend or distribution,

In any security of another issuer, the name of the issuer and title of that security, the amount to be paid or distributed, and the rate of the dividend or distribution and if that security is a right or a warrant, the subscription price,

In any other property (including securities not covered under paragraphs (b)(1)(v)(b) through (d) of this section) the identity of the property and its value and basis for assigning that value;

Method of settlement of fractional interests;

Details of any condition which must be satisfied or Government approval which must be secured to enable payment of distribution; and in

The case of stock or reverse split in addition to the aforementioned information;

The name and address of the transfer or exchange agent; or

The Commission, upon written request or upon its own motion, exempts the issuer from compliance with paragraph (b)(1) of this section either unconditionally or on specified terms or conditions, as not constituting a manipulative or deceptive device or contrivance comprehended within the purpose of this section; or

Given in accordance with procedures of the national securities exchange or exchanges upon which a security of such issuer is registered pursuant to Section 12 of the Act which contain requirements substantially comparable to those set forth in paragraph (b)(1) of this section.

The provisions of this rule shall not apply, however, to redeemable securities issued by open-end investment companies and unit investment trusts registered with the Commission under the Investment Company Act of 1940.

--------------------------------------------------------------------------------
http://www.law.uc.edu/CCL/34ActRls/rule10b-17.html

From Pinksheets.com:

Are there any filing requirements with the Pink Sheets for the issuers?

Issuers are not required to register securities with the Securities and Exchange Commission (SEC), or be current in their reporting requirements to be quoted on the Pink Sheets. Nor are issuers required to file financial or other company information with the Pink Sheets. SEC Rule 10b-17 requires all issuers of publicly traded securities, including Pink Sheets securities, to notify the NASD at least 10 calendar days prior to the record date of any dividend or other distribution, stock split, reverse split, or rights or subscription offering.

http://www.pinksheets.com/faq.jsp#3a


z

[Zardiw]

Missive from ChoiceTrade: Dear Sir,

Our clearing firm is working on trying to have the reorg completed. Please bear
with us while these legal matters are completed.

Thank You
--

z

[Buckey]

i just got back from some golf tourney in Georgia and am amused that the FINRA letter states I was to have a response by April 11th from my broker. I have received NOTHING. I have some significant HR issues to deal with this week at work but after that I will be back on this hard

[Phoenix-Rising]

still waiting for my reply.. Most likeley they will just mail me that same BS letter they did the first time

[TEX]

that guy is reading from a script; Compliance at Scottie knows the problem is with Drage; SEC oversees DTC and is the only recourse other than a lawsuit or injunction that I know of...

[Ruger20]

Call from Scottrade:

The guy at Scott said they processed the split as per the instructions from the DTC so I don't know what to do next. Can you file a complaint with or against the DTC?? I filed a complaint with the SEC but I am sure that the company is banking off the fact that no one has the time or money or is willing to spend it on some piddly shares.. Anyone?

[TEX]

hate to say it...but sounds like lawyer time.

[Art2Gecko]

yeah, I haven't been able to watch many games this year, and seems like every time I catch a game they play like that...

their PP was PPitiful.

Taking your green jacket?? lol

[Buckey]

LOLOL did ya see that shit show of a hockey game you and them played on Sunday IM 43 yrs old and 50 pounds heavier than my day and I am sure I could of done better than PITT on the PP LOL

Now the good news on my stop over is IM on my way to AUGUSTA - plans pending

[Art2Gecko]

oh.... sorry to hear that.... lol...

[Buckey]

I may be in your wonderful state tomorrow on a stopover but that other city PHA. still waiting on details

[Art2Gecko]

lol..... nice.

[Buckey]

LOL - one of my accounts is in a debit position due to the reckless and illegal activity of Drage and my broker. They sent me an email stating Regulations do not allow a debit postion. IN TEARS. I am at work and do not have copy of what I sent them but it was very snide

[Wildbilly]

LMAO, I could use some right about now.

[TEX]

roger, that :)

[Buckey]

trust me I have given thought many times ti subbing out but I gre it on service by having everything in house. I need a break - like maybe Augusta Georgia - like Maybe Friday. You all dont see me posting Friday it is a good thing.

[TEX]

lol...understood

for me? no employer, no employees. I sub-contract almost everything I do, except for trading. Of course, I don't make the dough that I could by running crews, but my exposure is less, too.

[Buckey]

IF you had the employees I do YOU WOULD

[swenglish]

fight the good fight fellas.

f#%k these companies. spam about diluttion and kill their sp.

i/o happy shareholders they make an army of pissed off players.

[TEX]

ohhh...gotchya

ya, lol, I don't drink while I'm working...

[Buckey]

AT work. I never drink more than beer at work Discreetly as employees dont need to know but Friday afternoons I always have a few

[TEX]

no excuse: I drink whiskey, and I still manage to get chit right...

[Buckey]

check Drage's letter not only did he get split wrong. he spelled Marilyn's name worng at SEC and he faxed it in. I am thinking there is whiskey involved

[Zardiw]

Corporate tit then...he he.....et z

[Zardiw]

You're prolly right...what a shyster.....et z

[Zardiw]

How can these people at the brokerages be so IGNORANT??? What is wrong with those people. Is this just SOP now that we're in the 00's or what?..........Where's the integrity, the morality, and by gosh the American Way??? ....Going round and round like a turd in a bowl, I guess..........z

[Zardiw]

The only thing necessary for Evil to triumph is for good men to do nothing.......Go Buckey!!........z

[TEX]

That's SEC: FINRA & NASDAQ are not gumment...

[Zardiw]

Plus they are so LAZY....sucking on that Govt TIT...lol...et z

[TEX]

personally, I'd rather he not "read our mail."

But he's been the attorney for many penny companies, so I'm sure he's at least aware...

geez...that "ringleader-speculation" crap was so over the top, I hope the SEC sees through that lil act...as though traders can't check the Daily List for public information. Criminy, even the skin-headz know about companies doing round-ups...

lol, "We meant the record date to prevent speculation."

Buh-loney, you scum: You intended only insiders to benefit from your back-dated, snake-spined, manipulating outlawry...