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Sprycel

04/20/07 12:15 PM

#67834 RE: cj_45_1 #67823

I suspect that they required Megas to prove who had real shares and who had fake shares. They put a stop to everything until he could prove what he has been telling them all along was the truth. The only way to do that was to get the shareholders of record to prove it in a court. Then let the judge rule on the facts! Pretty damn smart if you ask me, although he did have to do this through a court action because if he was to ask everyone to do it voluntarily, everyone would of laughed at him! jmho
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Stock Stallion

04/20/07 12:21 PM

#67839 RE: cj_45_1 #67823

the DTC wanted only the shares that were legal trading..period. until megas can wipe out the Illegal shares/holders DTC won't lift the trading restriction IMO. this why megas is taking us to court ( so to speak) because if he wins and we are not deemed LEGAL shareholders, then he can open trading with his REAL shareholders and this becomes a BROKERAGE problem. IMO the brokerages won't admit to anything ILLEGAL and will let us trade along with the others by implementing their own buy in and covering the shares they sold to us on the open market. a buy in will ensue without DTC/SEC IMO