WICK -- I'm not sure if this is going anywhere but DTC asked me to expand my question (guessing thats so I can be better served). This is the added info that I sent this morning:
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I apologize if I have indicated MarketServ -- and if the request should have gone elsewhere. I recognize that announcements relating to this position are released through MarketWire; however, the on-line definitions of the services provided by each segment led me to choose MarketServ as the route for my inquiry.
Anyhow, on February 8, 2011 MarketWire released information: 1) that Bederra Corp was renamed Zicix (ZICX); 2) that ZICX was doing a 500:1 reverse split; and 3) that the symbol "D" was added during the process period.
Then, on April 19, 2011 MarketWire released information: 1) that the "D" was removed for trading; and 2) that the position was released without DTC restriction.
All this being said, the position remains on a "Global Lock" (for trading) and many Brokers are still not allowing either Buys or Sells -- while some other Brokers appear to be taking the trading "risk."
During the time this position has been "locked", I (and many others) that keep accounts with Scottrade and other Brokers continue to lose value in our investment(s), as the PPS has steadily fallen from approximately $0.05 in April to $0.01 today.
So, the gist of my original question was:
ZICX has had a Global Lock in-place (for trading) for several months. Principal(s) responding to inquiries through ZICX about the trading status of the company respond that everything is done that can be done to correct this situation (I guess this means that they will wait to see if the Global Lock gets lifted by others). Most Brokers will not/can not allow trades. The PPS for ZICX has been steadily falling every week.
What needs to be done and by who? Does someone from ZICX need to get involved? What does ZICX need to do?
Dan
I'll update you as I can!!!
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