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Re: glaszman post# 122383

Monday, 08/31/2009 1:40:26 PM

Monday, August 31, 2009 1:40:26 PM

Post# of 159752
For the last time, when I get a chance, I'll post up some of the deals I work on. My company uses DTCC procedures to transmit Bank Guarantees, Medium Term Notes, and structured corporate bonds. Been there, done that.

You are not waiting on the DTCC to decide whether they want to let BCIT trade. You are waiting on a legit MM to set a market, file the proper paperwork. You need to be back in compliance before any legit MM will take the legal risk to represent this company.

The DTCC is only handling custody of BCIT shares as of late 2005 and nothing more. Even stated so in writing.



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