Good news. Sort of. Scottrade told me if this is a real legitimate company then the DTC will eventually lift the lock. So assuming MWIS is legitimate we should have nothing to worry about. This basically means the Vringo deal needs to be completed in order to restore confidence amongst all investors (for those who have lost it).
On that note, has anyone spoken to Vringo as to what this issue might, if anything, mean to them?
will do! i will pursue my legal options againist scottrade, sec, gtcc if i lose money because of this. its not fare to stop trading on one brokerage and not all.