DD Support Board and Research Team

[janice shell]

there is a dilution debate over on CATV

some say US brokers wont convert with a STOP sign

george is claiming that off shore brokers are being used to convert

CATV traded 1.474 shares on Friday, about evenly divided between trades on the ask and trades on the bid. That's just crazy, and WAY above average volume for the past month:

https://ih.advfn.com/stock-market/USOTC/4cable-tv-international-inc-pn-CATV/historical

So something's up. Perhaps it's being dumped, or is being prepared for a dump. As to the question of how toxic lenders could have converted... that's complicated. It's true that it's much harder for those lenders to convert nowadays. And yet they find ways. For one way, see FINRA's recent action against John Hurry:

https://www.finra.org/sites/default/files/fda_documents/2014041724601_FDA_JM992826.pdf

Of course, what's described in that complaint happened several years ago, and the regulators have been tightening the screws ever since. Hurry is now suing FINRA over the action, claiming it's impeding OTC issuers' ability to raise money. Is he still clearing stock and selling it for clients?

It's abundantly clear that lenders are still managing to get their notes converted and their stock sold. So when an issue like CATV suddenly starts trading extremely high volume, I'd say there's about a 98% chance somebody's dumping.