Therma-Med Inc. (THRA)

[jbsliverer]

With all the stamping feet and hoopla on whether of not THRA is "Chill" or "Lock", I should expand my statement I made regarding that difference. Really doesn't matter in this case either way, for THRA is just a junk trip zero, locked up stock. (simplistically put).

Now I did state "basically" but I apollogize if I was a little too basic in my expression. Maybe it would be better if I stated

"Global lock is where the DTCC denies all TRADE services and the "chill" label is designating that only some of their TRADE services are denied such as allowing only "trade for trade" and not allow the company like THRA in the Net Settlement System which can make some brokers not want to trade it or charge more for it.

The word TRADE referring to transactions that both the trader and investor are involved in. There are some who seem to want to hang the hat on the "Custody Service" part of the notice.
"DTC has suspended all services, except Custody Services, for the below referenced issues. The suspensions are effective December 9, 2011."
http://www.dtcc.com/downloads/legal/imp_notices/2011/dtc/ope/1856-11.pdf

I suppose if someone wants to do some wallpapering with THRA stock certs, I guess that might be possible. If their broker(DTC member) will, the proper forms get filled out, and the length of time waited for audit, etc, one could maybe get a actual certs to put on the wall. That has nothing to do with everyday trading for the normal THRA investor or trader. That service is available to all members and can be used by a Private company with employee stock for example.
http://www.dtcc.com/products/asset/services/custody.php

Now if one wants to call it a fumble lock, trade lock, global lock, or just a plain bummer, that's fine. Still "Locked" as far as the DTCC is involved and for all reality purposes a dead or at least a dying duck for the normal public at this point. Putting it on the "breakout board" with a bunch of THRA gobbly gook won't change that.