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Re: mikeymgd post# 62063

Wednesday, 05/23/2012 9:11:16 AM

Wednesday, May 23, 2012 9:11:16 AM

Post# of 101798
"Note: Scottrade no longer accepts certificate deposits of any stocks not listed on a U.S. exchange (such as the NYSE, AMEX or NASDAQ) priced below $1 per share at the time of the deposit request."

Hmmm , Scott trade won't even accept if "below $1" , and definitely won't touch an OTC, especially one not current and with CE.

Q: So how are unrestricted shares "hitting the market" Mikey???

A: They are not, because no Broker will accept them in the current state.

I did find ONE BROKER That will accept certs from TA, but only if " there is no CE " meaning they must be current, as the two terms are synonymous for these purposes, can't have one without the other. No CE = current. The broker said normally he wants the so above .10, but was "willing to make an exception of the Co was fully current and has no CE." pp , but obviously that's not now, do goes your bs contention.

But any restricted share holder won't be selling any time soon, because they know what's going on, and what's coming PR wise.

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