CBA Florida Inc. (fka CBAI)

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What Does Chill Mean?
Special restrictions that can be placed on a given security by the Depository Trust Company (DTC). Chill restrictions are intended to limit the potential for problems within the financial marketplace, and can be placed on a security for various reasons.

Investopedia explains Chill
Owned by many financial companies including the New York Stock Exchange (NYSE), the DTC acts as a clearinghouse for stock exchange securities, settling trades in corporate and municipal securities. If the DTC has cause to be concerned about a specific security currently processed through its system, it may place a "chill" status on the security. This will restrict brokerages' ability to transfer the shares or units of the security through DTC until the security's issues are cleared up or it ceases trading on the market.

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That was some good DD Pick _M_Low. It looks like this Chill has cost shareholders close to millon dollars already! (Because thats who will be paying this bill)

 The Company has been forced to negotiate settlement agreements with its existing  
 investment bankers to settle alleged breachs of contract as a result of this DTC chill and  
 the unavailability of DTC electronic transfer for chilled Company shares. Such settlement  
 agreements have already cost the Company approximately $820,000 in damages.

So why is the DTCC "onto" CBAI? Because the OS was diluted to 6.8B from 41M?

OS: 6,815,696,764 as of 03/13/11 (source: 03/13/11 10k - dilution: 1.123B in the last 4 mos)
OS: 5,692,564,026 as of 11/09/10 (source: 09/30/10 10Q - dilution: 419M in the last 3 mos)
OS: 5,273,093,131 as of 08/09/10 (source: 06/30/10 10Q - dilution: 195M in the last 5 mos)
OS: 5,078,132,870 as of 03/24/10 (source:03/31/10 10K - dilution: 192M in the last 3 mos)
OS: 4,886,468,478 as of Dec 31, 2009 (per 12/31/09 S-1 dilution of 318M in the last 50days )
OS: 4,568,253,327 as of Nov 09, 2009 (per 11/03/09 10Q - dilution of 1.95B in the lst 3 months)
OS: 2,611,087,327 Aug 10, 2009 (per 8/14/09 10Q - dilution of 1.03B in 3 months)
OS: 1,579,096,424 May 15, 2009 (per 10Q - dilution of 636M in 3 months)
OS: 942,884,111 Feb 12, 2009 (per proxy statement - dilution of 634M in 3 months) - Most of this has been sold through mm NITE & HDSN
OS: 309,474,243 Nov 10, 2008 (per 10Q - dilution of 85M in 4 months)
OS: 224,699,718 Jul 08, 2008 (per 8/04/08 proxy statement)
OS: 225,154,440 Apr 07, 2008 (per 10k, dilution of 30M in 4 months)
OS: 195,558,923 Dec 31, 2007 (dilution of 21M)
OS: 174,048,335 Nov 11, 2007 (dilution of 9M)
OS: 165,372,807 Sept 30, 2007 (dilution of 6M)
OS: 159,055,819 Aug 14, 2007 (dilution of 73M)
OS: 85,565,249 May 18, 2007 (dilution of 37M)
OS: 49,118,075 Apr 02, 2007 dilution of 8M)
OS: 41,091,845 Nov 10, 2006