I suspect Pacific was just pissed off about being caught in the middle of last week's mess. They're a large transfer agency, and they probably don't need the business.
Probably either Glenn or the Authorities told CMKX that they needed to have a transfer agent at all times. (Duh!) So they went back to Global, hat in hand. Impossible to say whether they've abandoned the idea of opening their own transfer agency, but one would hope so.
What's the problem here? Is Glenn not doing his job, or is Urbie outta control? As I said yesterday, I think PCBM/SRCI's deregistration offers a clue to why Glenn was hired in the first place. CMKX needs to get its act together.
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.