Replies to post #799 on Watchit Technologies, Inc.(fka WTCT)

[whocares19067]

"In other words, Scottrade is really doing their clients a favor."

Some favor, what they are doing, in essence, is selling short and leaving the clients with a potential liability.

PS: Just emailed the T/A for the 4th time.

[whocares19067]

Praise the LORD!
For what its worth, I rec'd this from the T/A today.
------------------------------------------------------------
Yes we are licensed and we are a comprehensive transfer agent offering full services. For more information please see our website at baycitytransfer.com

Your securities is being held restricted under the rule 144 therefore:

Under Rule 144, restricted securities may be sold to the public without full registration (the restriction lapses upon transfer of ownership) if the following conditions are met.

The securities have been owned and fully paid for at least one year (there are special exceptions that we'll skip here).
Current financial information must be made available to the buyer. Companies that file 10K and 10Q reports with the SEC satisfy this requirement.
The seller must file Form 144, "Notice of Proposed Sale of Securities," with the SEC no later than the first day of the sale. The filing is effective for 90 days. If the seller wishes to extend the selling period or sell additional securities, a new form 144 is required.
The sale of the securities may not be advertised and no additional commissions can be paid.
If the securities were owned for between one and two years, the volume of securities sold is limited to the greater of 1% of all outstanding shares, or the average weekly trading volume for the proceeding four weeks. If the shares have been owned for two years or more, no volume restrictions apply to non-insiders. Insiders are always subject to volume restrictions.
Depending on the date listed on your security when one year is completed from that time frame you can start restriction removal proceedings. You will need to obtain an 144 opinion letter in order to have the restriction lifted.

Please let me know if this does not answer your question.

Charity L. Szilagyi

Vice President

Bay City Transfer Agency & Registrar Inc.

V ~ 989-891-9720

F ~ 989-891-9726

C ~989-397-3024

[Leonardo1974]

Who has me on ignore but I must give him credit. Many moons ago he forewarned us that our wonderful dividend will cost us at least $250 to lift the restriction after the waiting period. Thanks, Who.

Catty, tell him that I give him credit for his astituteness and laughing up his sleeve at all of us losers and at himself without pissing anyone off.

As always, I continue to enjoy watching this scam unfold and redassing the pumpers.

[skier321]

Catty, I also noticed the same, when I found the new site over the weekend. I found it extremely weird....that a company would not list their officers on their own website.

Additionally, if you read the description of the company...it sort of makes one wonder....exactly what do they do. It sounds like a rambling circle of words to me....I hope they do something with their plan....because I hold shares.....however I have no idea what the mission statement truly means here.

I might be a little more impressed, if I didn't know the history that preceded the rambling circle.

"WatchIt Technologies is a technology incubator with the following core competencies: management support, leadership expertise, and marketing implementation. The Company uses these competencies to help support and strengthen companies in the communications, digital signage, and entertainment industries."