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Re: serfdom post# 4052

Friday, 06/30/2006 2:17:11 PM

Friday, June 30, 2006 2:17:11 PM

Post# of 27672
serfdom my understanding is

That the Brokers will send your shares to the Transfer Agent. This first means all share will be accounted for.
Notice that the DTC is not mentioned in the PR. IMO they do not want anything to do with this issue it was so Blatant.

The Transfer Agent will send the converted Paiv Shares to you in your name to your address.
You will have the Certs in hand from what I understand.
This means we hold all the Paiv shares and they the Brokers can not short them.
Who ever in the Company thought of this is a genius.
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LOL! Ameritrade is screwed IMO - that's a manual cert exchange.

They will be left twisting in the wind, becasue the only way to get restricted stock to cover their short butts is to hand over JPHC shares - which they are probably also short on.

Thoughts?

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