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Re: Mikey post# 7979

Wednesday, 03/21/2012 12:19:13 AM

Wednesday, March 21, 2012 12:19:13 AM

Post# of 9281
Well after over two years all International Power Group got was;

"ORDERED that this proceeding with respect to International Power Group, Ltd. be, and
it hereby is, remanded to The Depository Trust Company for further consideration."


This was on procedures that the DTCC did over two years ago. Now the "reconsideration" will be with all the changes that the DTCC has done in the last two years. And we know what's happened there. So not sure how much it will do and the few that might make it are a less percentage of the whole than what it was and the "whole" is just increasing. No garbage stock is ever going to make it through, those people just get another shell for a lot quicker and cheaper than trying to convince the DTCC that their stuff doesn't stink.

DON'T FEED THE CLOWNS


THE REAL DTCC DISCUSSION
http://investorshub.advfn.com/boards/board.

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