Monday, June 11, 2018 11:26:33 AM
If DTC has reason to believe that securities deposited with DTC are not properly free trading, it may restrict services to the securities pending the issuer establishing that the securities are freely transferrable. These restrictions typically are: (i) not accepting additional deposits of these securities (a “Deposit Chill”),(what YOU described)
Basically the company cannot deposit anymore shares at the dtc, which are book kept shares rather than electronic.
I still Fail to see the implications that this has on this stock.
Panic buy high, wait, sell very low. Repeat to make others rich.
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