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Re: None

Thursday, 07/20/2017 7:14:57 PM

Thursday, July 20, 2017 7:14:57 PM

Post# of 11618
Denny, I owe you a call my apologies, thanks so much for connecting.

Wanted to share with everyone that I spoke with the OTC today about the Syncora "stop" sign and confirmed the following (I was grateful for the information provided by the representative):


--Syncora has an account with OTC now. Their account allows them to upload financials. They have not done so as of mid-day today.

--I asked about additional information beyond financials which may be required to remove the "stop" sign so that Fidelity, USAA, others will allow retail to trade. I was told "this is standard information which any reputable company would have at their fingertips."

--The "fingertips" comment was rather bold so I pressed further, "so is it safe to assume that if Syncora is audited annually by PWC this information would be easy to obtain?" The representative responded by chuckling and said, "yes".



This conversation infuriated me. Syncora committed to resolving this in January...over 120 BUSINESS days ago...and yet nothing has been done. While I wish to remain respectful when speaking with management, I am no longer confident we are receiving straightforward answers related to OTC disclosure.

I plan to attend the 8.1.2017 meeting in NYC to learn more. Hope to see all of you there.



II
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