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Re: smoosa post# 50840

Sunday, 01/16/2011 6:20:06 AM

Sunday, January 16, 2011 6:20:06 AM

Post# of 53259
My only question is....Jorge copied the reply to his inquiry from the DTCC in his shareholder update. The email states "you will need a DTCC participant (bank or broker dealer) to request an eligibility review for your stock."

Since CXAC was never listed as a defendant in the SEC case, I wonder whether Jorge ever really needed to wait for the SEC case to settle or if he could have just had the DTCC chill lifted by following their instructions indicated above. What is the relationship of the SEC resolution to Jorge's ability to get the DTCC chill lifted? The SEC settlement did not change anything with CXAC.

Does anyone see what I mean? So perhaps Jorge did not have to wait for the SEC case to conclude.

I know that it was Jorge's plan to take the so audited financials route to get the DTCC chill lifted. I am just suggesting that it seems from the email that Jorge had another option available to him that he did not know about but probably should have known or been exploring much much earlier.

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