Viva World Trade Inc (VVWT)

[TradingForWealth]

I'm just pissed at the restrictions....The best we can do is complain to SEC and the brokerages claiming foul manipulation.

My perception is if you can't tell us why then there is no reason other than manipulation.

Email corospondence;

Mr. AXXXXXXX,

I appreciate your frustration with this policy. While I do not like to rely on Terms and Conditions to resolve client issues, I do note that our firm makes it clear that we can and will review any trade and make what we feel is an appropriate decision about whether or not to route it to the market. In this case, we have decided to not allow electronic purchases on VVWT (note that you can still make a purchase with a broker after being verified, and we will honor the online rate for this issue).

As has been mentioned in an earlier email, our firm will make this decision based on a number of reasons, because we take seriously the integrity of the market. If investors lose faith in your stock, you won't have anyone to sell it to when you want out of it. If investors lose faith in the market, we won't have clients interested in investing through our services.

Since we do not restrict a client's ability to sell a stock (beyond those already inherent in the market), our firm bears no liability for the losses a holder of these restricted securities may incur.

Again, I appreciate your frustration and hope you see the bigger picture associated with this issue.

Sincerely,

Patrick Wolfe
Client Services Manager
TD AMERITRADE
800-669-3900 ext. 7630

My reply;

I do see the bigger picture. Any restriction from a brokerage or exchange on any stock effects every shareholders ability to profit from a trade. Restrictions in of themselves create uncertainty and therefore limits demand.

I do not need TDA or Scottrade to manipulate trading activity in the penny markets under the guise of "protecting clients" which is exactly what restrictions do. If I choose to take the risk I accept the potential for loss. I hate to be a hardhead on this but I have made a complaint to the SEC regarding this issue and Included Scottrade as well. This situation is simply unacceptable without just explanation.

You're not "helping" your clients you're inconveniencing them.

Robert Axxxxxxxxx
President