Wednesday, March 21, 2012 3:14:53 PM
Reading between Mark's lines, the removal of the DTC chill is simply not going to happen. Mark seems pretty much resigned to the fact. I would not consider his comments hopeful at all.
We are keeping apprised, however there isn't much we can do we aren't already doing and I have to disagree that it takes precedence over completion of White Space. Our goal is to grow the company and further its projects. That, for the most part, is within our control and something we work on diligently; the other, though we work on it diligently, is somewhat beyond our control and relies on responses from third parties, including DTCC.
I agree that being current is first and foremost, and feel strongly that issuing shares for deals like Saint James Films or other assets, mergers, etc. will not affect us adversely but rather, to the contrary. The DTC issue is what it is- they can say its because the sky is blue-- fact is, they are looking to put pressure on the micro-cap markets giving whatever reason they can for these 'chills'-- I don't think their reason is valid in our case- many times they don't/won't even give a reason and the one they gave us was vague at best. So it's a battle worth fighting and one we will continue to have our team work on, but all the while, our primary focus will be on Skin Trade, White Space, the SJF slate and other objectives we will announce forthcoming.
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