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gcanderheggen

02/06/09 3:11 PM

#82344 RE: catty #82341

Catty: Got this from TD Amer.
Thank you for your inquiry. Our records do indicate that you have 20,000 shares of WATCHIT TECHNOLOGIES INC, received as a spin-off from HOMELAND INTEGRATED SECURITY. Your positions list on the website should state "N/A" as the symbol, because the shares are not currently tradable. HOMELAND INTEGRATED SECURITY made the determination not to register these shares with the SEC, and thus they are considered 'restricted' shares. These shares must be held for at least 6 or 12 months, depending on if the company is fully-reporting with the SEC or not. The shares can become tradable by submitting restricted stock paperwork upon the completion of the holding period. Rule 144 paperwork has been included as it is the most common type of restriction.

We recommend contacting the company directly to ensure that the shares are restricted under Rule 144, to verify if they are a reporting company to determine the holding period, and to find out the contact information for the company's corporate counsel so TD AMERITRADE can request a legal opinion on your behalf.
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