InvestorsHub Logo
Followers 18
Posts 783
Boards Moderated 0
Alias Born 08/24/2012

Re: theenightowl post# 6477

Saturday, 09/14/2019 9:10:57 AM

Saturday, September 14, 2019 9:10:57 AM

Post# of 18345
The Dtc holds shares or tracts registered shares for brokers, investors... for matters like paying dividends, adjusting shares like splits... it does not mean all 62m shares are going to Korean shareholders. Many pink and OTC stocks have the entire unrestricted shares held at dtc. A chill is usually caused when a transfer agent does not follow the rules. This could be caused by the paperwork to update the AS. By us meddling with trying to correct old typos directly and not through IR could be causing more paperwork and filings EMPM has to release before they can move to the next step. Or the DTC needs to investigate the reported AS update that did not come from the company via a release. The transfer agent might have caused the freeze imo.

https://www.sec.gov/oiea/investor-alerts-bulletins/ib_dtcfreezes.html

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.