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locksflooring

04/02/11 8:20 AM

#57618 RE: rocky301 #57616

Morning Rocky! This is the Latest Update from Matt Schissler What "issues" prompted the DTC's "CHILL" (freeze) of CBAI's shares?

Ans: CBAI's shares aren't frozen. Only issuing them electronically is halted. We still issue paper certs. In the last year, hundreds of small companies got a chill, CBAI was caught up in that. DTC doesn't like penny stocks, plain and simple. I mentioned... in my video about the regulatory costs and hurdles. This was one specifically that I am referencing as a reason for RS.