Email response from Sandy Winick. Please read from bottom up. For those of us who thought he would release a PR to clear up any confusion, I no longer think so. Unless I am interpreting his response incorrectly, we are at the mercy of the DTC and the brokerage firms. Would appreciate any/all comments regarding his response.
Sandy Winick's response to me:
We have no idea what the brokerage firms and the DTC is saying.
There is no confusion by the company.
The dividends were paid as they were suppose to be, sent to DTC as requested and sent to the brokerage firms for distribution to the shareholders as it is suppose to happen.
The shares have received a symbol.
The company has done exactly what is was suppose to do.
The rest it up to the market and the market makers, not the company.
My email to Sandy Winick and Tim Foster is below:
Mr. Winick and Mr. Foster,
As a long-term common shareholder of BKMP, I am politely asking that shareholders be updated on the current status of the preferred shares and end this ridiculous confusion. The brokerage firms are passing the buck to the company, the DTC is passing the buck to the company, and Mr. Winick, in light of some emails posted on the IHUB message board, it sounds as though you are passing the buck to the common shareholder.
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