Energy One Corp (EGOC)

[bewenched]

E1 / EGOC is focused on growth of the company and not selling stock.

Companies are never told why a DTC chill is put in place nor are they told now to get it lifted. Market Makers are having a virtual field day shorting micro cap DTC chilled stocks because of the negative connotation that some like to place on it. We can still trade thats not the issue, you just need the right broker. Scottrade has never had an issue with it.

How to get rid of a DTC chill

After doing some research on "chills" it seems DTC handles them all a bit differently. The one common thread found is that a DTCC participant has to request a reinstatement of services. Shareholders themselves and the company can't really do it.

Following link provides a list of participants:

http://www.dtcc.com/downloads/membership/directories/dtc/alpha.pdf

You should all view the list to find one of these participants that you have influence over to get them to formally request the "chill" order be lifted. DTC will only consider a review for reinstatement of services provided that request originates from a DTCC Participant.

I imagine once the company finishes their audits things will be set in motion to get it resolved, but it isnt their main focus.

E1 / EGOC is focused on growth of the company and not selling stock