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Wednesday, May 05, 2010 3:22:46 PM
the reason they have “failed to deliver” to many of our shareholders, the 2% dividend that
was issued by the Company on October 19th 2009.
The Board noted that the Company specified in no uncertain terms that we successfully
delivered our dividend shares to an estimated sum of 52 other clearing houses.
Furthermore, our records indicate that they had signed and officially accepted the
delivery of their shares. We then questioned them as to what benefit could possibly be
gained by delivering all other certificates but theirs. We stated further that this issue is
causing great unrest with our shareholders and damaging our credibility. We then
demanded that they resolve the problem immediately.
The Board minutes will show that we were able to make some head way with Scottrade
however, in our opinion we have received no credible response from T D Ameritrade.
When we inquired as to what if any steps Syndication could take to have the restriction
lifted and the dividends credited to the appropriate shareholders, we were told that such
decisions on our stock or on any stock are based on internal policy criteria only. Also, as
it is their prerogative, these types of policy decisions are designed for the purpose of
protecting their own interest.
The Board noted and the Minutes reflect that the official position of Pacific Stock
Transfer Inc. is stated below;
Pacific Stock Transfer Company sent the package on 11/13/2009 FedEx Tracking #793019066189
to TD Securities Services1005 N Ameritrade Pl Bellevue, NE 68005. The FedEx website to track
this package indicates that the package was signed by K. Mazelren. On 11/16/2009 at 8:22am.
The Certificate Number ; #1870 for 2,313,880 share
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