Replies to post #44197 on Astra Veda Corp (ASTA)

[Shavasana]

Here’s the email I got from Alpine:

Because of recent developments Alpine’s operations will need to know how many shares of which stock you plan to trade (starting Friday) before we can place the trade. We can try to get approvals the day before, after the market closes. We will need to place an order for the shares we do get approved. Unfortunately, we are unable to reserve shares without placing a trade. I hope this makes sense. If we get pre-approval the prior day, you will need to call the following day, in the morning, to actually place the trade with a broker. The trade must be placed soon after the market opens.

We are only able to allow up to 20% of the 20-day average daily volume of the particular stock you’d like to sell over a 2 day span. However, this is firm wide. Therefore, if someone else is trading the same stock as you we may not be able to allow you to sell 20%. It depends on what has already been approved if anything at all.

Please see below and attached:

Trade Approval – please send this to [e-mail] with all columns completed for each stock you are looking to trade. We will need this every time you plan on trading. If you plan on sending this request on the previous day please do not send until the market has closed. Also, we will no longer be able to place GTC orders or any orders below $0.01.

*** If we are able to get an ex-clearing market maker back we will be able to take GTC orders and take stocks under $0.01 again. But until that happens (if it happens) we are only able to do day orders and at $0.01 and higher.

On a side note:

Alpine Conversion Tracker – please include this tracker along with all your deposits moving forward. We are attempting to have all clients use the same template.

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***Alpine charges deposit fees to deposit stock. Please see the fee schedule below.***
***Debits must be paid within 30 days. Alpine brokers reserve the right to sell off enough shares to cover outstanding debits if they are not paid within 30 days of occurrence.***

*** There is a $75 minimum commission on all trades.***

**Please see our FEE SCHEDULE below for ALL applicable fees. Included are stock deposit fees:
http://www.alpine-securities.com/alpine-docs/Alpine-Fee-Schedule.pdf

**COMMISSION FEE SCHEDULE:
http://www.alpine-securities.com/alpine-docs/Alpine-Commission-Schedule.pdf

**NON-DTC ELIGIBLE POLICY:
http://www.alpine-securities.com/alpine-docs/Alpine-Non-DTC-Eligible-Policy.pdf