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allezlOM

12/06/10 11:11 AM

#133205 RE: mretgnol #133199

I understand DTCC custodian services like that :
1)Ensures availability of detailed information on every certificate2)Ensures availability of images of all certificates and documents held in custody via DTC`s imaging Fax/Email (IFE) system, or the Imaging Drop-Box Solution.
3)Deposits of securities are made using the Participants Browser System (PBS) function CUST, via a CCF deposit file transmission.Once the certificates arrive at DTC, a full examination of all certificates is performed, including a negotiability check and verification of data received from the depositing participant firm.
Maybe I missed something, but it looks that DTCC didn`t follow its own rules, but if different, maybe you could "teach" us about that specific part.
(www.dtcc.com/products/asset/services/custody.php)
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allezlOM

12/06/10 12:53 PM

#133215 RE: mretgnol #133199

Come`on Mr Longterm, talk to us about DTCC custodian services, this could be higher of interest for BCIT shareholders.
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ohbull2000

12/06/10 4:08 PM

#133238 RE: mretgnol #133199

Geezzee ... relax... you seem to be raging a bit...

The letter from cerul45, is from a shareholder (I know this person), not The Brit. You have to realize something longterm, we are way over your head, we don't post from second-hand or make believe or 14 year old news bits.

Troubling times ahead for the good 'ol boys network huh? has many on edge no doubt; chill.

OK, you're now back to pointing fingers at the brokers, fine. Along ways back I speculated the DTCC would throw them under the bus anyways, boo-hoo. Unfortunately, the path to that point (and the brokers are certainly the most vulnerable)brings into play the "lend borrow" program of the DTCC doesn't it?

Too much documentation now showing the DTCC knew they had onlt fake certs way back at the beginning. No doubt this is why the SEC has ramped up their search of our website to educate themselves to. And, yes, we have their visits and, most interestingly, their search terms recorded; a precautionary move by us I'm sure you can understand, so many visits to keep track of and all.

Anyways, your heros the DTCC want to throw the brokers under the bus, fine, let's get on with it!

The easiest, simplest way is to let this trade; everyone knows that. H.ell, the brokers would probably make a buck or two as well huh? So stop with the mis-direction, smells of arbitration ploy, ain't gonna happen!!! Let's just all play nice and avoid the publicity of the whole legal scenario and right this ridiculous wrong!

We're just getting stronger and stronger (slowly I admit) but we're not going anywhere, your, excuse me, their choice.