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Re: bobbybdb post# 92321

Thursday, 11/15/2007 5:01:30 AM

Thursday, November 15, 2007 5:01:30 AM

Post# of 159752
bobbybdb, that is not entirely true. That applies only during a total cert recall. However when an individual investor requests a cert for their shares, as I have done, then either the broker, if he holds the cert, or the DTC, if they hold the cert, would submit the request directly to the TA.

According to my broker, the TA is refusing to issue certs. According to Megas, the DTC is not allowing certs to be issued. Who do I believe? What is a shareholder to do? Who is the shareholder's champion when no one seems to want to accept responsibility?

There in lies the major fault and fallacy of the security industry. Despite claims to the contrary, there is no investor advocate that is not also in bed with one of the other parties at the same time. This results in an industry rife with conflicts of interest and out right fraud.

Also, if these "journalist" were truly doing the job they claim to be doing, they would put on the mantle of the champion, help us fight this battle and uncover the truth. Instead they satiate themselves on bad mouthing investors and implying they are either misfits, stupid or both and then pat themselves on the back for a "job well done".

In my opinion, if they have not taken up the investor's banner and either exposed the fraud they claim we investors are stupid for not having perceived ourselves, or otherwise helped the investors win the day, then they have not even started the job of journalist. They are nothing more than sensationalist and are not genuine journalist.

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