PARTICIPANTS ARE ADVISED THAT FINRA WILL NOT BE APPROVING THIS 1:1
EXCHANGE AS THE COMPANY'S STOCK WAS DELISTED IN 2006 WHEN THEY PROCESSED THE EXCHANGE ON THEIR OWN RECORDS WITHOUT FINRA'S APPROVAL. THE DELISTING WAS DUE TO SEC 12J REVOCATION ON 11/9/09. AS A RESULT, DTCC WILL NOT BE PROCESSING THIS 1:1 EXCHANGE. NO FURTHER ACTION WILL BE TAKEN. THIS ENVELOPE IS NOW CLOSED.
First you have the Oklahoma Court Order clearing out the 106;s and installing the 205's at the DTC
Along with this is the name change to Energy Source
Go figure on the clerical error
Setting the stage for SEC 12J and this is the good part - the judge revoked a company that did not
exist ( Energy Source) along with a cusp # (106) which has been retired!
and then this:
AWARD: The undersigned arbitrator has decided and determined in full and final resolution of the issues submitted for determination as follows: 1) Claimant's claims are denied in their entirety with prejudice. 2) All requests for punitive damages are denied. 3) All other relief requests are denied. 4) FINRA Dispute Resolution shall retain the $75.00 filing fee that the Claimant deposited previously.
OTHER FEES: Respondent has paid to FINRA Dispute Resolution the $150.00 Member Surcharge previously invoiced.
OTHER ISSUES: The Arbitrator acknowledges that he has read the pleadings and other materials filed by the parties.
On March 18, 2013, the Arbitrator ordered Claimant to purchase 25,000 shares of BCIT, including the Private Treaty Certificates, and also ordered Respondent to reimburse Claimant the entire purchase price and expenses related to the purchase.
It sounds like the Claimant did not win and the Respondent has been exonerated of all - wait
- what is this in the middle of the muck? The Claimant received what?
and FINRA is still not approving of the Oklahoma Lawsuit!!! HOW CONTEMPTUOUS IS THAT!!!
of course this is my opinion
