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Re: None

Wednesday, 03/21/2012 2:27:02 PM

Wednesday, March 21, 2012 2:27:02 PM

Post# of 19696
I've been in IPWG for 5 years...always read, but never posted here.

While this is good news for potential relief from the DTC (lawsuit, possible settlement, etc), it does NOT mean they have to remove the chill. It just means that if the DTC wants to continue to chill the stock, and IPWG disagrees with it, IPWG can appeal to the SEC. That process has yet to be done, because before this ruling, there wasn't a process in place. The only thing that can be done now to lift a chill would be an injunction against DTC while we appeal to the SEC.

Also, who would buy the stock? I know a lot of people would prefer to take the tax writeoff and move on, but someone has to buy the stock.

I'm certainly hopeful for the best that we can recoup some, if not all, or possibly more from a lawsuit with the DTC.

GLTA