CBD Denver Inc (CBDD)

[bankmade]

Repost:
DTC may at times place temporary or permanent restrictions on certain transactions, such as deposits or withdrawals of certificates. Such a restriction is known as a chill. For example, DTC may impose a temporary chill that restricts book-entry movement of securities, effectively closing the books and stabilizing existing positions until a merger or other reorganization has been completed.

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.

Also it not like they have any more shares to place at the dtc anyways.

I still Fail to see the implications that this has on this stock.