Green Energy Live, Inc (GELV)

[Renee]

OK . Essentially the DTCC believes that GELV was the subject of a pump and dump campaign where false information was disseminated on ( or by ) Green Energy Live , Inc . and I surmise unregistered shares of GELV were illegally sold to retail investors .

GELV has not been Suspended by the SEC but the DTCC has the power to remove GELV from the Continuous Net Settlement System ( CNS ) which means Market Makers must locate exact shares before effecting a sale .

MM's typically make a market by filling buy orders without necessarily having the available shares from a seller and MM's settle their trades within Regulation Sho timelines . Brokerages settle their trades for their clients on the integrity of the Market Maker making the trade , and those shares are processed through the CNS .

Now a shareholder puts their GELV shares up for sale and there must be a buyer for those shares that the MM must have in possession before facilitating the buy ....or as the DTCC states , " trade for trade " .

This DTCC action will cripple liquidity in GELV but it shouldn't prevent a GELV shareholder from selling their shares or a buyer from buying GELV shares .

Check with your Broker to ask about their process for buying and selling GELV shares . Your Broker will tell you .

Purely in my layperson's opinion .