Is that what we had glaszman...a trading halt? LMAO
you said we had a trading halt, not me. go look at your own post #122334. i know that we did not have a trading halt.
trading was suspended for the prescribed ten days.
a trading halt is not the same as a suspension.
stocks are also frequently traded on the grey sheets after the ten day suspension. this one could if the brokers weren't unwilling.
as for resuming the entering of quotes? that only applies to OTC, and not the NASD or the NYSE, (you see i did read most of the SEC regualtions, just not all of them)
a 15c-211 was in fact filed and the filings were brought up to dfate at one point, you know that, can you tell me exactly why the members did not have confidence that a company's financial statements were not current and accurate when Megas did bring the filings up to date?
i can.
the "members" STILL had too many shares on their books. the DTC cannot tally their books because there's still too many shares in the market. BUT the DTCC knows where they came from don't they? that is their job isn't it?
maybe we should look at why the brokers aren't instersted in allowing grey sheet trades either? i have a suspicion.
i wonder if it has anything to do with the fact that the brokers continued to execute trades after they were told by the DTCC that it appeared that all of the shares being traded were counterfeit?
I posted under my original alias that Legacy did not have the proper filing and they would not be recognized as a legit MM for Bancorp.
please elaborate about why Legacy did not have the proper filing? i never saw that.
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