Felt kinda like the elderly lady at the bingo hall working 20 Cards...lol.
I had sent Tom @ Viva an email impressing my concerns about brokers restricting (read controlling) trading and market value of their stock. I was pretty emphatic that they should be outraged that brokers were / are making the decision of whether investors / traders should have the opportunity to vest their monies. In theory and practice (if I might be so bold) the Brokers were impeding & controlling the value of their company.
I encouraged them to call both the Scottrade & Ameritrade main offices' and make their angst known to them, as well as file a complaint with the SEC.
When I talked to Vince last Friday (I think), I again expressed the above opinion and concerns. He asked if I would email him a copy of the email I had sent Tom, and said he would be sure to get it in front of Tom..."would get his eyes on it".
He had not been aware of the trade restrictions...
We talked for probably about 10 - 15 min, I found him very approachable and felt he was being forthright.
I found it encouraging that he had interest in what type of trader I was.
He gave me his direct email addres and phone # as well at close of the call, saying "call anytime"....
Share Counts:
From Viva, consistent of the 3 times I have called in say the last month. Current as of March 8th.
AS: 500m
OS: 99,675,000
Float: 48,550,000
From Transfer Agent (STC)
AS: Couldn't give it to me.
OS: 93m (approx)
Float: Couldn't give it to me.
Current as of July 2nd.
I would not be surprised and am hopeful to see some kind of "touching base" PR in the near term, I did my best to kick home the impact it would have on us weary investors.
I have a fairly large position, averaged at about 11c...I'm holding firm, not overextended but holding more than I had anticipated!!
I do believe that when the shorters let go, this thing will rise as fast (probably faster) than it fell...when ever that might be!
We could definately use more eyes on this one...hope you have it boardmarked. Gotta be on more than a few bottom buyers watch lists.
If you get a chance to call Vince or Tom @ Viva....do it, the more investors call and share their concerns, the more likely a PR sooner than later.
Good trading to all of us....
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