The answer to this is only the DTCC could answer for us. I have Actually made contact (to see the result of see my posts over last week) and they refereced an old SEC lawsuit. Now that being said I would like to point out that case has long since been settled. IMO they are providing mis-direction in an effort to manipulate PPS to cover naked shorts.
What did the company know of the chill and when did they know?
This one I believe I can safely say the company knew as soon as it happened but was under the impression as we were that it was due to a dividend settlement. That being said I also believe that after the dividend settlement date they realized something was wrong and started looking into it.
Strategic Mpp The DTC chill is going on longer than we would expect for a dividend issuance and we are looking into the reason for the delay in lifting the chill. March 1 at 10:08am
Please notice the bolded date time only about 1 week after dividend date. Giving the DTCC time to finish divy settlement but not too much before they realized there was a problem and began to take action.