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Wednesday, April 20, 2016 9:21:05 AM
Scottrade stopped with the flexibility they use to have with penny stocks years ago.
I bought my shares from the open market as I believe that all have here within the forum too. For those that bought their shares from the company and received them in cert form, I believe most of them are held by Insiders that have no desire to even get them deposited until the company matures and is trading at a few pennies from what I had learned a long time ago.
The other chunk of shares held in cert form is by a financing company that the old management had done some kind of financing deal with to where the SEC won't even let that financing company deposit those shares because that financing company got in trouble with the SEC. The SEC banned that financing company. So that's another group of shares that will never hit the market.
The beauty about all of this is that BLDV has ungagged their Transfer Agent (TA) so that we as shareholders can always monitor that status of the share structure to make sure it remains unchanged.
v/r
Sterling
Sterling's Trading & Investing Strategies:
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