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anti-US - 666 - cartel info? -

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NYBob Member Level  Friday, 11/03/06 09:07:30 AM
Re: bartermania post# 79
Post # of 94 
anti-US - 666 - cartel info? -


Long Shareholders demand nss-fraudsters should spend rest
of life in jail its a must for US Liberty future? -


In his complaint letter to the NASD, Frizzell lists a few
of the reasons that brokers have given their clients
for failing to deliver the stock certificates to their
rightful owners.
It is a list worthy of David Letterman’s Top Ten:

The most alarming problems are represented by those
shareholders who have been requesting certs from their brokers
since the company’s first announcement of a distribution
seven months ago.
Here is a sampling of excuses being given to shareholders
as reasons for their inability to obtain a cert:

1. “We had your cert, but it is now lost. It will take us
another 6 to 8 weeks to obtain another one.”

2. “This stock purchase was a book entry only and no
certificate is available.”

3. “Your stock was classified as a worthless security and is
no longer in your account.”

4. “Our clearing firm has not been able to deliver these
certificates due to a backlog of requests at the transfer

5. “I have been instructed we are no longer pulling certs for
CMKM and there is nothing I can do. You need to contact the

6. “CMKM Diamonds has a “K” code next to it, indicating that
it is being held in safekeeping for the client.
The clearing agent has made the decision not to issue
certs but rather fax a copy of the certs it holds to
the transfer agent.”

7. “Attached herewith is evidence of ownership of shares
held electronically by XYZ clearing for ABC broker.
ABC to confirm receipt of this proof of shares of CMKM
and related companies are held with XYZ.”

8. “In light of the lack of cooperation
(by the transfer agent), your May 15th, 2006 deadline
must be bogus and must be extended, and Entourage shares
could of course still be sent to ABC for the benefit of XYZ.”

9. “MNO said they had discussed with the Task Force
the acceptability of the affidavit as proof of ownership
in lieu of the certificate, and that it would be accepted.”
No such conversation ever occurred with the Task Force members.

10. “We ordered your certificate, and it has been lost.
You must now fill out a loss certificate.”
The transfer agent confirms that no certificate was
ever issued.

Each quoted statement above is taken verbatim from a
shareholder’s letter or from a broker’s written response
to a shareholder’s request for a cert.
I could continue with pages and pages of documented
incidences of these broker responses to the requests of
the shareholders if such is necessary to establish the
need for a full investigation.


Posted By: amoebazsighhhh

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