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Wednesday, September 09, 2015 9:07:15 AM
Nobilis didn't owe anyone anything. It merely sold stock it had converted. COR said no due bills should have been attached to the shares, because they'd just been issued. DTCC said due bills should have been attached, and charged COR $4 million as a result.
CRGP essentially agreed with COR, saying there'd been a "glitch", and that they were talking with DTCC.
There's really nothing "simple" about this story.
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