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jefrank

07/30/12 11:35 AM

#48371 RE: 9HikeDiscGolf #48369

It is called the DTC Chill list many stocks are on it and you have to call in orders. Only ASYI can get itself off that list by providing the DTCC with information it needs. Most brokerage houses can still trade it if you call it in and sometimes they make you agree to some sort of disclaimer.
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Keech63

07/30/12 12:41 PM

#48398 RE: 9HikeDiscGolf #48369

Nice try Psychonoob, just got off chat with ZECCO and this is a copy of the actual chat...

Thank you for choosing Zecco Trading. A representative will be with you shortly. For Security purposes, all chat sessions will be recorded.

You are now chatting with 'Joseph'

You: Hello Joseph. I want to check on ASYI am I still not able to purchase shares? Lately it's been coming up restricted. What's going on with this stock?

Joseph: I can definitely assist you with this.

Joseph: Please allow me a moment to research this for you.

You: Sorry for the typo. I meant to say I am still unable to purchase more shares.

You: Do you need my account number, if so it's ****** and My name is ******** and my birthdate is *******

Joseph: Thank you for that information as well. Please allow me an additional moment to research ASYI.

Joseph: Thank you very much for your patience. Upon reviewing your account and ASYI, I found that ASYI has been deemed to be illiquid by NSCC.

Joseph: Due to this reason, we have restricted any "buy" order for ASYI.

Joseph: I do apologize for any inconvenience that we may have caused.

You: But I can still sell ASYI, correct?

Joseph: Correct!

You: It is still DTCC eligible correct?

Joseph: Please contact us directly at 877-700-7862 and one of our traders will be more than happy to place the trade for you.

You: Are there any extra fees for placing the trade by phone?

Joseph: Since the trading ability is restricted online, there are no additional fees for placing the phone online.

You: Thank you Joseph.