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Re: NASCOW post# 41972

Tuesday, 06/05/2012 2:34:36 PM

Tuesday, June 05, 2012 2:34:36 PM

Post# of 44103
They were ILLEGAL SHARES, they were sold into the market, it is on the company to buy those illegal shares back. The DTCC is not going to lift the suspension until someone foots the bill in cleaning up the mess and removing the illegally issued shares. Once again it is in the SEC and the companies court to fix it. The market is littered with illegal shares, this is not hard to understand, this will no longer trade until then. The likely outcome is permanent loss here as nobody will ever fix this as more people are likely to be charged with misconduct and avoiding their fiduciary duties to protect the shares here.