Friday, March 02, 2012 9:49:53 AM
I contacted my broker about MILV in relation to the DTC chill. Indeed, my broker said the company is suspect, but at present I can buy or sell without penalty. So the chill is merely a caution for any investor at this point.
Bear in mind that the DTC can change its mind and add penalties without advanced notice, which is what middleman outfits like to do on occasion. I don't like the DTC anymore than anyone else, but it's there and it's a reality. Anyone who just blows it off as no big deal is giving poor advice, so beware.
Actually, those at the top of MILV are the key here. They're not meeting some SEC guideline somewhere, and as soon as that is rectified, the DTC chill goes away. With the products coming (we suppose), as soon as they perform DD, we'll likely then see a ticker lift-off. So if anyone knows someone on the inside, tell 'em to get on the stick.
Keep the faith.
Hound
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