Replies to post #1245 on The Real DTCC Discussion

[BigBake1]

Depends on what was done to resolve the matter of those illegal shares dumped onto the market. Without knowing the DTC side of the matter it is impossible to know how the issuer resolved the matter of those shares to regain resumption of their DTC services. The DTCC does not disclose such resolution as they have cited that revealing such information could create loopholes for other issuers looking for methods of getting around such Chills or Locks.

[pitadog]

Babbs, on RVGD: The SEC charges were against the funders, Steve Carnes and Larry P., not the past CEO, who sold off all the assets of the company and pretty much disappeared. In the last year, the Nevada corp. went into arrears on filings and fees and the new owner, a Robert L. Stevens of Denver, picked up the shell. (I thought he might have purchased from previous CEO (Peter Collorafi), but hear Stevens picked it up by just paying the back fees and reinstating. So, with a massive R/S, Stevens was able apparently able to have a clean shell to work with. Lord only knows what pos start-up he will put into it next. gltu