POET Technologies Inc (PTK)

[buccaneer1961]

OPELF was not HALTED for two months! Check the trading Halt History here:

http://www.otcbb.com/asp/THSearch.asp?searchb...ge1.y=-455

The issue was related to the DTC & temporarily being ineligible for trading. It happens to Canadian stocks listed on US markets as ADR's when a change, or corporate event happens. Here's an example:

http://css.olympiatrust.com/media/13111/olymp...11__2_.pdf

OPELF started trading on the OTCQX on May 16 2012 & the previous name change was in Aug of 2011, that was a different situation to start with, in 2011 there was no American market for those shares. Granted, it is frustrating when you can't sell your shares due to a minor issue with the DTC/SEC/FINRA/IIROC, whatever the blocking source was.

"The TWO MONTH halt on trading OPELF while OPL.V traded as usual during the last name change has a high probability of recurring." WRONG, OPL.V shares were also locked for at least 3 weeks during the name change, because that is the minimum amount of time it takes to process a name change! I know people who could trade again after 4 weeks, some 5 and for ADR's it took longer. A document was missing or contained errors, hence it took longer, no reason to create such a fuss about that...

Here's another prime example of a mistake in your sources..
"It Opel did not get the data in for over two months. I've been told by several sources now that Opel NEVER got the information in and the the brokers had to take matters into their own hands and process them manually and physically transport (NOT thru the mail) actual processed share certificates. "
How can OPL not get the data in for two months when you could trade again after two months eh?!

Your sources are either badly informed because brokers don't take matters into their own hands, they act upon instructions of the Transfer Agent, FINRA, the DTC etc!

thankyou for letting us clear up these matters ;)