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Re: gemstone57 post# 70725

Thursday, 09/13/2012 4:46:05 PM

Thursday, September 13, 2012 4:46:05 PM

Post# of 83082
gem, all the senseless posts of this expert-no-expert are just a sheer malicious rubbish aimed at inducing the confusion, fear, panic. Remember that "suddenly, this means SGCP death"? I just ignore him.

I had already posted here DTCC rules and regulations. In regard to its notices, they are expressly clear: in the prescribed manner, DTCC must serve the company with the notice outlining the charges. WITHIN TWO DAYS, the company must file objections. DTCC usually summarily rejects them. The company's next step then is an appeal to SEC challenging the charges. But before filing an appeal with SEC, this targeted company MUST exhaust this remedy. And how it would appeal, against exactly what, without even knowing the charges!