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Dan Wilk

02/16/12 8:26 PM

#30370 RE: jbsliverer #30357

"...but no one can point to a violation comitted by THRA"



Thats the one statment in your post I 100% agree with

But the fact that DTC and many Brokers LOCKED THRA up, gives overwhelmingly indications that there are in fact violations. The DTCC is not just going in the morning and getting out straws to pull for no reason. A TA isn't kicked to the curb for following all the guidelines. They're kicked to the curb for allowing violations of the companies in which they service.



First off to say that any broker "Locked" THRA is a statment that is misleading at best the brokers only follow procedures that are in place not to trade a stock that is non DTCC eligble. Now me and Bigbake may not 100% agree all the time but he is the one that pointed that out.
#2 the transfer agent is the entity that violated the rules not THRA, and do please point out where the SEC mentioned THRA in thier investigation if you can I will promptly come on here and tell you I was wrong beacuse I don't think I am always correct

http://www.sec.gov/litigation/admin/2011/34-63908.pdf
and here is a news artical just in case the SEC got it wrong
http://www.rbj.net/print_article.asp?aID=188934
Nowhere is THRA mentioned as violating any rules and regulations, as a matter of fact I did a SEC search on THRA and a search on THRA and no violations came up, and to take it one step further I emailed the DTTC and asked as an investor if THRA was inelligble to signe with a new Transfer agent unfourtanatly I have herd nothing back after three days if I hear anything I will post the email.

As far as violations on the Finachals I can't speak to that but I will only say they are alleged violations by you and members of the board untill the SEC charges and dose an investigation.