I really believe there is likely more to the whole DTCC lock than we know and I don't have any great love one way or another for them, but:
1. The SEC has oversight on them as well as all entities involved in the public sale of stock. (Complain to the SEC and your Congressperson(s) makes more sense to me.
2. Any hint of irregularities by anyone can and should be addressed asap in the interest of all stockholders.
3. The SEC has limited staff.
4. The pink market should be eliminated and all pinks should be forces to become OTC:BB or go private. (It would help, but not the only thing that needs to be done)
5. Anyone that wants Certs. should contact their broker to start the process. It costs around $300. and will not solve any stockholders problem, but will supply wallpaper for their bathrooms, I suppose. I don't know of any reason why you can't get physical certs....contact your broker and y'all let us know.
6. The worst thing for SFIO stockholders is for the lock to come off unless there is confirmation that the company has the ability to survive.
7. The best thing for SFIO stockholders is for SFIO to get their house in order. Sell product at a profit. (I honestly don't see how that can happen, but jmho)
I do wish for this to turn out well for current holders. I could care less about pink traders.
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