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Re: realwhiz1 post# 158669

Friday, 08/24/2018 9:42:23 AM

Friday, August 24, 2018 9:42:23 AM

Post# of 159752

All parties[DTC,Brokers,MM,SEC,FINRA etcs] are required to take responsible for any and all trading action,period! Why, lets us just focus on the share count.

In 2005 BCIT authorized ,645,000 shares verified and confirmed by the transfer agent,DTC, and the company,period! When any form of trading exceeds the number of authorized shares that are/were approved and validated for trading on the open market. It is the responsibility of all participating parties in the stock trading transaction to take ownership of the any selling or purchasing of unregistered ,non validated, non approved , counterfeit shares that they sell or purchase and enter them into the trading stock market, period!
Unfortunately, this trading behavior/practice between Brokers, MM, clearing house's,DTC has been a ongoing problem for decades.[imo] Our BCIT stock and some others just happen to bring the fraud and deceit into the spot light!

Back to financial basics!


You purchased, through your broker firm, a Stock entailment property, with US legal tender!

Not,a third party clearing firm! Your purchase transaction was accepted with;

#1. Legal tender [US currency]

#2. Legally processed your entitlement purchase.

#3. Your entitlement was legally place in your Broker's Firm account when acquired in 2005

[not the clearing house ]

#4. Your Broker firm,filed said purchased & legally claimed it on their corporate IRS Tax. Therefore, as additional proof that they profited from the same...[ As noted in your brokers' 10K filing....]


If your broker has an issue with the 3rd party clearing house, that's between them!!!!... not us! Again, your Broker received, accepted,legal tender. Verified and validated your stock entitlement property and place the entailment purchase as evidentiary fact, in your account!. If,our Brokers were irresponsible /negligent to verify and confirm that our share purchase of authorized BCIT shares were genuine and real,they require to take ownership/ responsibility for the trade transaction,period!- Even a fiduciary responsibility to their customers!
Bottom-line, all participating parties in the trading system, bare some form of responsibility, culpability in the trading quagmire, that they created! No party[Brokers, MM, DTC,clearing House, etcs,] can say, 'I didn't know,"- Its not my fault"- Once again, just gaze at the authorized and approved BCIT share for sell in 2005! Again, it is so, crystal clear and obvious the brokers/mm knew what the were selling and purchasing [air shares/counterfeit shares] for corporate enrichment!


Freedom X

https://investorjunkie.com/14202/clearing-houses/

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