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Re: None

Friday, 02/24/2006 6:44:47 PM

Friday, February 24, 2006 6:44:47 PM

Post# of 70
Subject: Re: Feedback from my Broker.

I just heard from my Broker. He just read me DTC's response to my Broker's inquiry as to where the Certificates are. DTC said that they have not heard back from their Agent (Continental), and that DTC will exit their position from the shares as soon as they receive the Certifificates back from Continental for DTC to distribute to the Brokers. My Broker said that they will, unlike with free trading shares, my Brokerage will be holding the restricted SNDH Dividend Certificates in my Brokers name. My Broker will issue the Certificates to their clients when ever their clients request them. They assured me that they would not rest until they had enough Certificates to cover the aggregate number of shares required to cover all of their clients positions. Ameritrade said it will hit the fan if DTC shorts them on the share count. Some brokers will take the certificates and coordinate with Continental as to who the rightful owners are. My broker will not do this. They're only interested in that the total number of Certificates that they receive from DTC are in sufficient number to cover their clients position.

My Broker said that other Brokers may have to accept too few shares from DTC because other Brokers may be holding some big short position. He said other Brokers might just make a journal entry into their clients accounts in hopes that not enough of their clients will request more Certificates that these Brokers can make available.

This supports DC's and our contention that the only way to have real accountability is to request, of your respective Brokers, that your restricted SNDH shares be sent to you in Certificate form or the shorts will win.



Res

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