Imagination TV Inc. (IMTV)

[Rich]

Order violates OTC illiquid security policy

Due to the increase in costs associated with clearing illiquid securities, beginning October 1, 2011, positions that are greater than 10% of the 20-day average daily volume within a security, regardless of the price of the security will result in charges from NSCC. Therefore, all orders in OTCBB and Pink Sheet securities where the order quantity is greater than 10% of the 20-day average daily volume of that security will be rejected. You will be notified with a message stating: “Rejected: Order violates PFSI illiquid security policy.” Further, if you execute transactions under the trading thresholds and accrue positions that exceed 10% of the 20-day average daily volume NSCC charges will also apply.