Replies to post #33954 on CSMG Technologies, Inc (fka CTGI)

[maddogs]

There's a bunch of public companies affected, which are filing the same quotation as to what Zag is referring to.. towit, FINRA has suspended, for 90-120 days beginning June 1, 2010, the grant of any new trading symbols to companies for corporate name changes while new rules established by FINRA to process symbol change requests are finalized and implemented.

I've also found a few companies stating in the last few weeks about communications with Finra recently, stating timeline periods (according to the individual company and date) that would mean September. This leads my to believe the 90-120 day period will end Oct 1st on the outside. Forms, programs and platforms should be updated by then, without any new notices to the market.

No knowledge on any changes in trading delays for symbols under the "new", such as sometimes happens when the DTCC must work with the company and broker/dealers to get the info updated to ones account.

[zagdad]

lowman...such a doubter you are ...and you know me...shame....so besides the written word below directly from FINRA I have talked directly with them on this very issue.....but you can wait ...and wait...and ....lol

"Please be advised that effective June 1, 2010, FINRA Operations will no longer change the ticker symbol for issuer’s that are requesting a name change. If the company is doing a reverse or forward split, a “D” will be placed on the tickers symbol for 20 business days. After 20 business days, the symbol will revert back to the original symbol."

Let's have a great week!

zagdad