DTC Plays to Captive Audience: 'Stay'
THURSDAY , JANUARY 30, 2003 02:27 AM
Jan 30, 2003 (financialwire.net via COMTEX) -- (FinancialWire) According to Dow Jones (NYSE: DJ) reporter Carol Remond, nine companies have officially noticed the Depository Transfer Corporation that they want to "exit." Those are AmeriDream Entertainment Inc. (OTCBB: AMDR); Composite Holdings Inc. (OTCBB: COHIA); Critical Home Care Inc. (OTCBB: CCLH); Intergold Corp. (OTCBB: IGCO); IT IS Holdings Inc. (OTCBB: ITHH); Nutek Inc. (OTCBB: NUTK); Nutra Pharma Corp. (OTCBB: NPHC); Reed Holdings Corp. (OTCBB: RDHC) and Technology Logistic Systems Inc.( OTCBB: TLOS).
Late last year, GeneMax Corp. (OTCBB: GMXX); Ten Stix Inc. (OTCBB: TNTI); Hadro Resources Inc. (OTCBB: HDRS); BlueBook International Holding Co. (OTCBB: BBIC); MidasTrade.com (OTCBB: MIDS); MSM Jewelry Corp. (OTCBB: MSMJ) and Make Your Move Inc. (OTCBB: MKMV) had exited, but now the DTC has taken the position that only the shareholders of companies can opt out.
Remond said the DTC expects a legal challenge, but does not intend to change its position.
