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tgarfield

02/15/11 5:36 PM

#92784 RE: Castell #92783

They don't trade the shares because of the clearing. It is as simple as that. I can't belive this is difficult to understand.
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Salm7

02/15/11 5:46 PM

#92785 RE: Castell #92783

From reading the news on the recent Federal raids of companies involved with the markets, anything is possible. This is long overdue for the United States Market place. There are many more companies like RCCH that simply want to be a part of the solutions in bringing new and better tech to the world, but instead find themselves fighting uphill battles from their stocks being naked shorted and billions of dollars stolen from hard working people. I remember one poster who referred to this all being a "game". This is what has become of the hard earned money that people went and worked for, paid taxes on, and then when they try and invest some of their money to pay for college for their kids and purchase food for the table, there are many out here who see taking their money as a game? Somebody in Washington DC had better wake up and stay awake until this "game" is terminated once and for all because their won’t be a United State for the "game" to be played anymore!!!

I forgot to add / IMO
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EarnestDD

02/15/11 6:32 PM

#92786 RE: Castell #92783

Cede and Co has the Certificates deposited with brokers.
A broker needs Certs for a client request, they contact Cede to deliver. Cede in turn contacts and advises the Transfer Agent.

Any suggestion that Brokers are short are just Naive statements that do not understand how the system works.
jmo
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dahbmw

02/15/11 7:26 PM

#92790 RE: Castell #92783

Ya know, there's only 10 billion shares out there.
I would think $5.oo would be a much more reasonable
place to start, don't you?
You wouldn't want to sell yourself short would you? (no pun intended)

And Jean said shares were worth $3.50 three years ago, now factor in all the mergers and increased business and $5.00 should be easy.
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ThSeeker

02/15/11 10:50 PM

#92811 RE: Castell #92783

Here is what I think. There was no mad rush to get certs before DTC freeze. After the freeze TDAm, Scott etc stopped allowing trades due the fact they can't clear them. If they could like Fidelity etc why would they not keep it going giving themselves a chance to cover this alleged short some imply they are hiding. Does not compute.
I think is simply what they say. No clearing service no trading. Let what ever is bothering DTCC get cleared up and service restored and TDA etc will let it trade again. Don't believe there is a conspiracy or cover up being run by the brokers. Gene sure seems to be misdirecting focus again tell us to move our shares. Weird damn company no doubt about it. Really ticks me off. But keep believing if you can as I can't prove didley like everyone else. We can only go by what we see and what our gut tells us.
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ctrumabll

02/15/11 11:15 PM

#92813 RE: Castell #92783

Opinion? These "NSS" fantasies are just that. Your money in RCCH is lost money. Deal with it.