MedGen Inc (MDIN): Exactly right. MDIN has no control over...

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Jammin1

Re: Captmilli post# 58245

Monday, 06/17/2013 3:19:23 PM

Monday, June 17, 2013 3:19:23 PM

Exactly right. MDIN has no control over how fast the DTCC processes chill removals.

In fact, it seems to me that someone at the DTCC must have been on vacation last week. Take a look at their reports. In the 5 days last week, looking at reports from
http://www.dtcc.com/downloads/legal/imp_notices/2013/nscc/otc/OTC-110.pdf
to
http://www.dtcc.com/downloads/legal/imp_notices/2013/nscc/otc/OTC-114.pdf,
they had a total of 4 chill removals (12K Sec Reinstatement) reported, with 0 on Monday, Tuesday and Friday last week.

Today, there were 58 12K Sec Reinstatements! 58 !!
http://www.dtcc.com/downloads/legal/imp_notices/2013/nscc/otc/OTC-115.pdf

DTCC must have been backed up big time, and someone's on catch-up duty!!

Sadly MDIN was not one of them, and you can spin this whichever way you want. I'm inclined to believe that DTCC is still in the process of catching up, which is good for MDIN as long as the number of 12K Sec Reinstatements stays high each day until MDIN appears in the list.