Followers | 6 |
Posts | 3337 |
Boards Moderated | 0 |
Alias Born | 12/07/2005 |
Tuesday, January 17, 2006 4:16:40 PM
called holladay, they said there is a LOT of confusion all because "the company" wants to try and save a buck.
holladay was told to release "X" number of shares to the DTC for distribution. well, thats what holladay did. DTC has a "problem" with distributing restricted shares AND they do not know who gets them (as we know fom my earliear DD).
holladay said, when he gets them back from the DTC he is only putting the brokers names on the shares (what brokers get what allocation). this is what concerns me. if the shares are given to the brokers without the benefecial owners names attached, it is up to the broker to determin who gets the shares.
i sold some today (bkmp)....knowing what a-terd has told me about x date extension etc, i wonder know if ameritrade gets my full shares (as of 12/29 and 1/6/06 ownership) and gives me snyy per what i currently own...ill be like puff the phuckin' magic dragon if that happens...
the reason why holladay said this method of distribution was chosen to save money (for bkmp)is because typically the TA for BKMP would earmark what shares go to what investor....they had "planned" on the dtc doing that step....saving money on their end....dtc will not earmark shares and they wont issue restricted shares...according to holladay...now this is just turning into a big mess that may take weeks or months to settle.
interesting....to say the least. makes me wonder even more....
they may even issue a new cusip number for the restricted shares....who knows....
all i know is, i am owed 7,777,777 shares of SNYY as per the dividend PR's and associated dates.
GLTA!!
Maybacks Global Entertainment and ZEASN Technology Private Ltd. Sign Global Licensing Agreement • AHRO • Aug 8, 2024 7:00 AM
SANUWAVE Will Host a Conference Call on August 13, 2024 at 8:30 AM (ET) to Present Q2 Financial Results • SNWV • Aug 8, 2024 6:59 AM
Kona Gold Beverage Inc. Signs Letter of Intent with Bemax, Inc. to Sell Kona Gold, LLC • BMXC • Aug 7, 2024 10:00 AM
Btab Ecommerce Group, Inc. Launches Investor Connect AI Chatbot for Enhanced Investor Engagement and Lead Generation • BBTT • Aug 7, 2024 9:00 AM
Hydromer, Inc. Announces Preliminary Unaudited Second Quarter 2024 Financial Results and Provides Business Update • HYDI • Aug 7, 2024 8:52 AM
North Bay Resources Announces Mt. Vernon Gold Mine Startup, Sierra County, California • NBRI • Aug 5, 2024 9:00 AM