Great DD, heatherd. Person mark for ya. Here's the graphic (see below) of the pdf notice from DTCC.
MMTC owes it's investors an explanation, with the ramifications clearly stated, for the future of the stock's liquidity and DD on any extraordinary broker fees from the major brokerages imposed upon MMTC's shareholders when transacting the company's securities. Also, a clearly stated plan of any and all efforts, by MMTC, to rectify the situation. Perhaps that is the reasoning for a massive reverse split? I wonder if the chief gave the attendees, to the petting zoo, a heads up on this DTCC issued "chill order".
Screw the dOg and pOny. That was a joke. The only things that were discovered from that "show" were:
(1) Someone hid the cardboard box. (2) The CEO chatted way too much about a REVERSE SPLIT. (3) The stock didn't play when the mice were away.
None of that matters, now, if the stock, has indeed, just lost substantial liquidity.
Please be advised that effective close of business January 6, 2012...