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Re: None

Saturday, 10/11/2008 11:22:27 AM

Saturday, October 11, 2008 11:22:27 AM

Post# of 247092
I am trying to research this issue with the delay on the certs being delivered and I am not having much luck. Slogging through the SEC site sucks. This article was interesting http://www.wizardscave.com/certs.html, haven't verified the source yet (or how old it is). At any rate, I have not yet uncovered a
scenario where Seaway could manipulate the situation between the DTC, T/A, and brokerages. Could be human error I suppose (which is vaguely what the T/A suggested to rpt I guess). If the T/A's numbers don't match with the DTC then there is a problem I guess. Are the brokerages being lazy? Or is it that the T/A can't ante up the appropriate amount of shares? Did the DTC say you have as many as currently allowed? Sure seems like this should have been cleared up long ago. There has to be regs on this but no one has offered anything concrete on this. Just guesses. Doesn't make sense that some brokers were up to date and some weren't. Would love some constructive ideas. With citations of course.