The Real DTCC Discussion

[stockmasterflash]

I've found that to be the case here on iHub

No one cares whether the company actually does anything or not. Simply what is the 2 or 3 sentence story.

You point out Government tax liens and lack of inventory and those are just minor details. Company doesn't have a working phone? That's because they are concentrating on their business plan!

Good to see DTC choking off toxic financing. For 2 long these converts occupied a loophole you could drive a truck through. Why do legitimate companies have to go through the secondary offering process while scams had floorless converts to dump shares on the street with impunity? Double and triple the OS ever 6-12 months with automatic effectiveness of S-forms. Who were they fooling that these shares were going to "investors". These were immediate resales to circumvent secondary offering rules.

SEC is definitely slow rolling declaring S forms effective in scams. That and the DTC chills have slowed things considerably. And thats a good thing.

Far less multi million scams nowadays. Far less scams that even look legitimate. The SEC and DTC and pushing the scams farther and farther out of the mainstream. More often than not he ones playing pennies now are the hard core gamblers bent on losing money.

There's less and less confusing these tickers for real companies

thats a good thing