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mainuh posted this on RB about it.
By: mainuh
05 Feb 2007, 08:59 PM EST
Msg. 34907 of 34923
(This msg. is a reply to 34904 by texan09.)
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texan09,
As I recall, Schwab doesn't hold custody of the certs of OTC/OTCBB stocks, so the DTC does. Schwab is saying basically the company is handling the cert recall, and the DTC will be handling custody issues with BCIT cert holders. It doesn't affect us with electronic shares.
That's my take on it, fwiw~
Mainuh
/////sounds right to me, anybody?
so whats the deal now? dtcc says good luck?
geez
fair enough Art. em
don't be dissing Michael.
no you don't
Michael owns more shares here than anyone on this board. ALOT of air shares sold by brokers. We're going to trade SOON.
Your new here. Alot of bashers STILL working this stock that hasn't traded for 18 months. We've heard it all.
These are facts.
its all good ya'll. we'll trade SOON (the varsity has taken the field for the bashers). WE'RE IN THE RED ZONE MY BROTHERS!
thanks, its all good. em
EnglishPetey- i agree that the counterfeit shares are not the brokers problem. however, the piling on of hundreds of millions of ftd's (air shares) are the brokers & dtcc problem. thats the rub here imo.
dude, a new inventory of shares are needed here because of the massive amount of air shares (ftd's) that were sold into the market by these creeps. its the dtcc with the problem now, not BCIT.
you wrote: BCIT most recently had done “only” a CUSIP# change and not a name change. Because of this, a new inventory of shares was not needed to be created to give to the DTC. This is what forced the DTC to use what was already electronically accounted for in their database of records. This is where I think the disparity exists between the DTC and the company
okc made those legit. em
Speaking like Conehead, "I will make mass quantities of legal tender"! lol
they did that to me as well Bigmoney. i had to put in a bunch of 100k's. spread-out of course : )
i agree ny23. the white coller criminals could be red coller criminals when the dust settles here lol.
like Ohbull said, if this would have traded back in Oct. we would have had less information and they could have possibly held this under a buck. you'd think if these ol' boys want to skin the public so much they'd learn sociology? that or basic bookkeeping lol.
i likes dat lol. could be fun when this fires up.
etrade has finally allowed higher gtc orders as of today as well, hmm. the BCIT volume chart goes by tens of millions of shares now too at etrade. they've seen the light, and its a train.
the bashers are just mailing it in now lol.
yes, or TM gave the dtcc more info they requested and now wait 2 weeks for a response? who knows?
TM is looking at 250,000,000 shares @ .15 a share BEFORE TRADING STARTS. he's got alot on the line here as well.
i agree with lakers to an extent, but i handicap this at 50%-60%. Tom has done everything (and more) that he said he would here. if he pulls this off he will have a cult following as Art, mainuh, Ohbull and several others will as well.
its nut cuttin time.
lmao the information loop.
looks like we got a good chance. im not in the loop but from the upper deck it looks good.
like to see them fold already. pride is a terrible thing lol.
i heard that lol. Tom is playing high stakes poker with the dtcc. i think we have a good chance of hitting the lottery here.
well, TM got in their face anyway lol. sounds like our wing man could be the SEC. guess it'll all come to a head in a couple weeks huh.
thank ya'll
14 days? someone? tia
cool:/ multicellp450@earthlink.net
P.S. i can get the story in my paper even though it is a chained paper.
bust this open: strategy time folks,
i believe we have a writer among us. lets get the story together. we distribute this finished version to EVERY independent newspapers business section in the country and several large papers overseas (Europe). large chain papers will not initially carry this story about the DTCC.
this step could begin today.
this isn't willy nilly (hope that translates). lurking shareholders write too. lookin good
good information is hard to come by (for good reason).
its like being in the kiddie pool at night. nice and warm but you have to put up with alot of ####. JUST WRITE! DON'T ASK QUESTIONS!
just write your broker. hold on to the reply. if no reply, thats fine too. weebie, if you don't want to participate in this, fine. noted. good information is hard to come by weebie.
BigMoneyAtl: write'em today and leave off the T/A info my brother. trust me ; )
lol Mike, i had a guy at etrade tell me the same thing. i told him we are not changing symbols, then why etc.. he didn't know lol.
OT: ya'll write the bastiges and keep their reply. these MoFo's got a problem a commin!
Everyone needs to address their brokers about their own situation with the BCIT shares that their own brokers sold to them. Trust me on this. Email them and keep a copy and keep their reply. Its all good.