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Thursday, March 15, 2012 6:23:31 PM
2nd, Who cares about the dtc restriction? If Teri took possession (and I do not think that she will), she would reverse split it, take the price up substantially and provide otc disclosures to be fully reporting and have no connection with idcn's shenanigans. On the offset chance that dtc wants to torture a future entity, multiple brokers exist that will trade the dtc restricted stocks at regular cost. Plenty of them!!! Even if there is just one left some day, it's so easy to close an account and open a new one elsewhere.
RE: "It's really surprising to me that this farce has not yet been suspended by the SEC. As I understand however, the DTC made it non FAST-eligible so trades can only be cleared and settled with certificates instead of electronically. This has apparently caused some brokers to restrict trading or to charge extra fees for trades.
I wonder if Teri Mathis is aware of the DTC issues that hamper liquidity."
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