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Cassandra

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Cassandra

Re: VST7 post# 89749

Tuesday, 11/19/2013 11:28:02 PM

Tuesday, November 19, 2013 11:28:02 PM

Post# of 148340
That's incorrect. The DTCC does transaction-related clearing and settlement. The transfer agent accounts for VDSC/PVEC shares and issues new stock.

http://www.dtcc.com/downloads/about/US%20Model%20for%20Clearing%20and%20Settlement.pdf

The transfer agent for PVEI is Olde Monmouth, which claims to be self gagged by their own policy, which is a reason diluting companies choose to use them.

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