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Monday, August 20, 2018 7:41:50 AM
Over the weekend I learned the truth that E-Trade is requiring the new owners of GCAN to be DTC Eligible.
"DTC Eligibility means that a public company's securities are able to be deposited through DTC. DTC is the largest securities depository in the world and holds over thirty-five trillion dollarsworth of securities on deposit. DTC accepts deposits of securities from its participants only, who are usually clearing firms."
It is my understanding that the company is and or has taken the steps to make this happen and things should be moving along rather quickly.
This is or was the holdup with E-Trade.
"Patience is bitter, but its fruit is sweet."
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