------GO PROELITE! GO PROELITE! GO PROELITE! GO PROELITE!------
In regards to the "exact" date of resumed trading:
I have always been under the belief that the company can trade when the company so chooses. Assuming they do rightfully comply with all the bodies that over see them.
The DTCC like many can have tangled processes from time to time. But they still do have processes. They operate in a free and capitalist country. They like many agencies etc. provide results (good or bad) based on whats input. Not for a minute do I believe they or any simliar agency can unjustly do whats been suggested, nor the amount of time its been.
I am very well aware that there are situations everyday where hold ups and delays occur wrongly. I also know they get corrected if they are provably incorrect. These "errors" or "unjust" delays can only last so long, once they are proven invalid. There are a few factors that then go into how fast a issue is rectified.
1. The processes set forth by the ruling body that is controlling the outcome.
2. The ability to rightfully satisfy or prove what may still be outstanding by the petitioning party to the ruling body.
3. The financial, political, and or legal strenth of the party fighting for the correct or corrected outcome.
--- In this case we have a ruling body that does have a clear explained and fair process.
--- We also have a company that can provide or has provided what they need to be satisfied.
--- "If" this company was wronged. They certainly are more than equipped to handle the financial, political and legal aspects of getting restituition.
The simple unfounded idea that the DTCC does whatever, whenever, to whoever is just not true. Especially in this day and age. Most everyone you might have ever thought had this type of abusable power does not. If we were talking about the taxation department of our country then maybe. lol. At this juncture our society has many of avenues a wronged victim can bring light to their case. Like I said, "wrong" and "injust" scenarios arise daily. For the most part they also get corrected as soon as they should be.
In addition to the facts set forth regarding the DTCC and this companies delay back to trading: This company has huge behind the curtain reasons to hold off on open trading until they see fit.
On top of any new arising influences, we have discussed many of the reasons the company may already have. It's important to realize this is a extraordinary time in this business segment.
Though one may not understand or see why it matters to hold off trading. The company does. They have the facts and the plans. In this situation a shareholder should have confidence that the people he or she invested in are doing whats best. Usually, If someone is not included in strategy and decision making they dont know what the others do. Which is completely understandable. In a situation like this, its expected.
* This company can not have the human and financial assests they possess, and not be able to correct this if they were wronged. Its just not possible. We would at a minimum see and hear all kinds of actions and news surrounding this huge debacle. In which it still would have all been done and fixed by now.
** The company also has and recognized their option to upgrade to another exchange. Which I personally feel is happening regardless. Along with plenty of advantages, this would also circumvent the "supposed" DTCC issues.
*** There's specific dates and events that impact the strategy and plans used. Some of these have passed and some are still unmet. I do not believe "a" "exact" date is what ever determined when this will resume trading. I believe the resumed trading date was estimated based on what was assumed to be a deadline for the other signifigant dates and events to have been concluded. It seems the other determining factors will soon be completed and the company will finally be able to move forward as it finds best.
I am more than convinced that the company is in control here!
I also am more than confident the company is doing whats best for the company!
------GO PROELITE! GO PROELITE! GO PROELITE! GO PROELITE!------
AI
