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Thursday, December 03, 2009 2:09:02 PM
The DTCC answers to the Federal Reserve, so if you're not a sheeple and would like to see the chill lifted write to JPD at the Federal Reserve and tell JPD there is a wrongful chill in place on IPWG. Here's the email address: FRB.Mail@frb.gov
Be sure to point out that Signature Leisure is the company responsible for releasing shares early onto the public market through their Scottrade account.
This probably peeved Rodger Riney off pretty bad. Knight(Riney) and others had almost shorted this company to death, then comes in a small finance company(SL) that does a wrap-around with IPWG(in trade for shares out of Peter Toscano's personal holdings) and keeps the company alive long enough to get financing. Then the little finance company uses Riney's Scottrade to release those shares early. However, it's been six months since the deal was made which means those shares can be released now. IPWG was never in the wrong in the first place, and the chill is a blatant move to put the world on pause while a few cheating, control freaks attempt to keep money out of hungry hands. There are good people at the top as well, write to the Fed respectfully requesting that they have the DTCC remove the chill. I already did and recieved a prompt reply. Concentrate on the fact that it was Signature that released shares early onto the market and not IPWG. I cannot reiterate that enough. Let's get this chill lifted.
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