Strategic Management and Opportunity Corp (SMPP)

[1~Eye~Jack!!]

"THE CHILL IS LIFTED!!!!!!" read below!!!






















April Fools....LMAO,,, I know,,, not so funny, huh!

Yes,,, and thanks for that, Mr. Concrete!!

It certainly seems better to work out the possibilities on making the situation better for all. Yeah, we know the problems,,, so lets look for solutions. .... and yes,,, I don't understand when ppl are still asking for a PR about what the Chill is about and what is being done,,, because the last PR & e-mails stated all that. Julienne meets with the DTCC next week for those that don't read back Posts.
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CLINTON, WASHINGTON / PRBuzz / March 25, 2011 -- Strategic Management & Opportunity Corporation (OTC: SMPP) CEO, Julienne Audette, announces today that the company is moving forward with marketing the VSP despite the DTCC's placement of a chill status on electronic clearing of SMPP's stock. Further, company executives have repeatedly attempted to contact the DTCC without any response or explanation for why the chill was placed in the first place.

In early February, the DTCC placed a 'Chill Order' on the stock of Strategic Management and Opportunity Corporation meaning that stock could not be transferred by brokerages that are using DTC services exclusively. No explanation, prior or post notification, was given to the company in a move which, thankfully, has not shaken investor confidence, however execs are actively seeking remedy to resume trading as it was prior to the action.

Audette states: "Conversations with DTCC have been cryptic to say the least, without any reasoning or justification offered to the company. The most we received in the form of a response was that 'they were under no obligation to speak with me'. We will continue to follow through with findings on this matter and, in the meantime, I state with confidence that this has no adverse affect to company actions to date for SMPP and we are moving forward as planned with the VSP, which we feel will be the backbone of multiple streams of revenue for the company while, at the same time, revolutionizing the face of local listing ads in a very big way."

The company will keep shareholders apprised of status with DTC as it is received, in the form of press release.

Audette comments on her theories behind the chill order: "Be it a compliance issue or, as we suspect, this action has been taken because of 'naked short selling' of our stock with the intent of artificially altering the price of the stock, It's our goal to receive clarification on the matter toward collective resolve. Whatever action is required, will be taken to restore our good standing and to ensure the DTCC remove the 'chill' status."

Audette further wants to assure shareholders that SMPP is moving ahead with the VSP platform as planned.

http://finance.bnet.com/bnet/news/read?GUID=17952266
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UPDATE FROM JULIENNE
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http://investorshub.advfn.com/boards/read_msg.aspx?message_id=61369691

Hi Robert,

You are not being a pain. I understand everyone wants to know what's going on.

I just spoke with the DTCC and we made headway on what we need to do to work to resolve the chill. There seem to be two key issues, one regarding the 2008 litigation and the second regarding current issuances. We need to review the entire situation and determine how best to resolve it. It probably will not be next week because of the schedules of people we need to meet with and our own push to get things moving with the platform.

To be clear, prior to today I had not been informed as the nature of the chill or what steps are required to resolve it. I am hopeful we can meet their requests, but since some of this predates us, it's cautious optimism.

A final note, Mr Walsh advised me that if your broker isn't trading your shares, it's because they are choosing not to. The DTC in no way has halted the trading of shares, they only regulate the transactions that are settled through their clearinghouse.

PRs will go out as we get news and now that the platform is up we'll have more news about how we are progressing here as well.

Best Regards,
Julienne

"SMPP Crew,,, Long & Strong!"