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tbk420

09/30/11 11:00 AM

#68920 RE: pknopick #68918

You should stick to topics you know better.

I'm not sure what you are implying: that the DTC will simply shut down altogether if anyone files a legal action? Don't think so.

The nature of equitable actions is expeditious resolution of potentially harmful situations. It is the very essence of a mandamus or injunction to address situations that run the risk of irreparable harm to a party, if not addressed quickly. In fact, in many situations, an emergency injunction can be entered even prior to a hearing on the merits.

So, let's assume that CBAI files an action, and the DTC retaliates by suspending all trading. Don't you think that such an action would actually bolster the claim that the DTC is taking inappropriate actions? Give CBAI a perfect example of the DTC abusing it's statutory authority in retaliation for CBAI exercising it's right to have a judicial review? I do.

I'd like you to provide any link to show that suspension of all trading would be a potential response by the DTC. After all, there must be many examples of this occurring, or an overt threat made by the DTC to do so. Otherwise, your remarks seem to be fear-mongering and speculation.

Last post today, so you can feel free to find me elsewhere to continue the dialogue. I'll be around over the weekend, too, if you care to elaborate.

mkendra

09/30/11 11:30 AM

#68923 RE: pknopick #68918

The DTC only monitors electronic trading. At this point, there is little harm.

The bottom line is, CBAI messed up, not the DTC.

Bren4Realtor

09/30/11 2:20 PM

#68952 RE: pknopick #68918

Stock activity would end? You mean the stock would be stuck at say 20 cents rather than the .025 where it is today. I'm all for it! If CBAI has done no wrong go after them! Low volume at 20 cents with real investors or high volume dilution at .025. I'll take low volume with real investors. The truth will come out eventually.