Tuesday, May 01, 2012 3:03:37 PM
We have received a number of inquiries from investors about MusclePharm common stock (OTC:BB MSLP) currently being under a "DTC Chill." The Company was not informed of the rationale behind the DTC decision, but believe it relates to the increased volume in trading in the securities and the current float of MSLP stock. We believe DTC failed to research MusclePharms’ growth and the increased market interest in MSLP common stock as being the underlying reason for increased volume.
MusclePharm is working to have this issue with DTC resolved quickly. We have retained a law firm and a broker dealer to work on this issue. The SEC recently reprimanded the DTC for making these unilateral decisions and refusing to work with companies to get the chill removed.
Until the issue is resolved, we can only recommend you trade through Schwab, E-Trade, or Scottrade to obtain quick executions. We will issue a press release when the DTC Chill is finally lifted for out MSLP common stock.
I have a problem with the bolded part, mainly because the increased volume is very recent but the chill has been in effect for much longer.
I don't care if they fucked up in years past, but blatant bullshit isn't something i subscribe to
FEATURED ECGI Holdings Enhances Board with Artificial Intelligence (AI) Expert Ahead of Allon Apparel Launch • Jul 10, 2024 8:30 AM
Avant Technologies to Meet Unmet Needs in AI Industry While Addressing Sustainability Concerns • AVAI • Jul 10, 2024 8:00 AM
Panther Minerals Inc. Launches Investor Connect AI Chatbot for Enhanced Investor Engagement and Lead Generation • PURR • Jul 9, 2024 9:00 AM
Glidelogic Corp. Becomes TikTok Shop Partner, Opening a New Chapter in E-commerce Services • GDLG • Jul 5, 2024 7:09 AM
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM