I think so, too. Brokers also knew they were not backed
by the DTC.
Like us, brokers must have read the DTC alert on August
16th, 2005, or they must have been informed by the DTC.
Consequently, I think the brokerages which sold shares
from August 16th to 31st, 2005 are also liable.
My guess is that the shares traded until August 31st, 2005
could probably be the pre-lock shares; the share prices on August 11 and 16th were less than 0.01. The price was about 0.04 and 0.05 towards the end of August, 2005. (But not on Aug. 30th, thanks to market makers)
