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dwiz5

09/16/11 3:34 PM

#137250 RE: itsmikie #137231

I didn't sign a dam thing the broker and DCT deem them worthless with no TA. But BCIT did or does have a TA
The clearing was IOU naked shares of non existence... imo
G/L

Please see below:


You have a brokerage account with <<Correspondent>> ("your broker"). Your broker has designated Ridge Clearing & Outsourcing Solutions, Inc. ("Ridge Clearing") as its clearing agent to handle the record keeping, clearance, and settlement functions for the accounts of its customers. The purpose of this letter is to inform you that Ridge Clearing will remove from your brokerage account certain non-transferable securities that have been determined to be subject to the Securities and Exchange Commission’s ("SEC") Rule SR-DTC-2003-03. A list of these non-transferable securities can be found on the reverse side of this letter. You will see the removal of these securities on your April 2010 account statement(s) in the activity section. The description will read "Deliver off Non-Transferable Security". Regretfully, we are unable to deliver physical stock certificates representing the non-transferable securities because there is no known transfer agent.

The non-transferable determination applied to these securities was based on information obtained by the Depository Trust Company ("DTCC") and each security was subject to extensive research with issuers and agents before this determination was made. Pursuant to SEC Rule SR-DTC-2003-03, DTCC will destroy certain certificates that represent positions in securities for which transfer agent services are not currently available and have not been available for six years or longer.

In the unlikely event that the affected security identified recovers transferable status, Ridge Clearing will make every reasonable effort to reinstate the security to the brokerage account from which it was removed, and make any required filings on your behalf. If the account has been closed, an attempt to contact you at your last known address of record on file with Ridge Clearing will be made to obtain specific handling instructions. If the attempt to contact you is unsuccessful, any newly recovered or transferable security may be subject to escheatment under the abandoned property laws administered by your state of residence.
Please note that securities cannot be re-deposited into a retirement account. For securities reinstated to a brokerage account held at Ridge Clearing, the account will remain subject to the terms and conditions previously disclosed to you at or after the account opening, which include, without limitation, account maintenance fees and asset liquidation to satisfy fee payment. You are strongly advised to consult your tax advisor regarding any possible tax implications related to the status of these securities, their removal from your brokerage account or any possible reinstatement.