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joe18

08/01/11 9:53 PM

#51526 RE: TexasTom #51524

The company denies any wrongdoing by the Company itself; only the former CEO is charged with performing an unauthorized and unlawful act in 2009.



Eventually the DTC will be satisfied they are not holding any "phantom" shares created by shorters, and we expect the DTC order will be lifted when they are convinced an orderly market will resume and investors will be protected, but only after further actions and publications are soon taken by the Justice Department and the SEC regarding the disposition of charges against our former CEO.



All hope is not lost here. We will see what happens in a few months when the case is settled. the dtcc reinstates tickers everyday if you just check the website

cjstocksup

08/02/11 6:03 PM

#51568 RE: TexasTom #51524

I would say you are 100% correct. It is over! The next step should be an SEC halt and subsequent move to the greys.