InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,222.68
(
0.16%
)
US TECH 100
17,650.00
(
0.05%
)
Dow Jones
39,512.84
(
0.32%
)
Brent Oil
82.59
(
0.00%
)
Bitcoin
60,995.01
(
0.32%
)
Post# of 74
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Cassandra

Send PM Follow Ignore
Followers 278
Posts 12043
Boards Moderated 10
Alias Born 02/09/2003

Cassandra

Re: Reindl post# 70

Wednesday, 09/17/2014 2:06:59 PM

Wednesday, September 17, 2014 2:06:59 PM

Post# of 74
Companies received DTC chills or suspension because unregistered shares that were not exempt from registration were illegally sold to the public. Resolution of the SEC lawsuit against TJ Management will not reverse those restrictions.

Companies can appeal directly to the DTCC (parent of the DTC) for restrictions to be lifted but having willingly participated in what turned out to be illegal Rule 504 financings will not help their case.
Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

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.

Sign Up