Replies to post #39401 on Green Globe International Inc (GGII)

[roger wilco]

There was work done in the background on the part of $GGII to get the DTC Chill removed.

How Can I Remove a DTC Chill Or Global Lock?

DTC places chills and freezes on securities for various reasons including legal, regulatory or operational problems with a security or trading or clearing transactions in the security. DTC chills and freezes occur when there is a suspicion or indication that the issuer or persons associated with the issuer have violated the securities laws. DTC may chill or freeze a security when it suspects that some or all of an issuer’s “free trading” securities were issued or transferred in violation of state or federal securities laws. For example, DTC Chills often follow reverse mergers involving public shell companies where there are large issuances of unregistered “free trading” securities being issued or exchanged. Additionally, DTC Chills often follow offerings made purportedly under Rule 504 of Regulation D which result in the issuance of “free trading” securities.

Learn more by reading the entire article at: https://www.securitieslawyer101.com/2014/dtc-chill-global-lock/