Replies to post #66470 on CYduct Diagnostics Inc (CYDX)

[slazenger7]

How is that a "Done Deal?" There is no mention anywhere in that PR of any reply from the DTC of SEC regarding the legal "opinion" sent by SNDY's lawyer. A legal "opinion" is just that, it is an "opinion." It is absolutely absurd to suggest that just because a company lawyer sends his "legal opinion" to the DTC or the SEC regarding serious allegations of wrong doing, that the matter is automatically closed. If that were the case, there would never be any more Global Locks or DTC Chills or SEC Suspensions, because all any company would need to do is have their lawyer send a "legal opinion" that the charges are false and all charges are automatically dropped.

[frazier101]

Blueskies, you are absolutely right. This comment clears up the SEC Global lock threat completely.

"Since that time,Solos Endoscopy’s legal counsel provided DTC a legal opinion, on December 19, 2013,to confirm that each of the Subject Securities, including the Notice Securities, were, at the date of deposit at DTC, eligible under the Rules and Procedures of DTC to be deposited for the Services."

We never knew why the SEC issued the Global Lock threat and this part of the letter (to confirm that each of the Subject Securities, including the Notice Securities, were, at the date of deposit at DTC, eligible under the Rules and Procedures of DTC) tells us what the SEC's questions were and that they have since been answered.

The fact that the suspense date has come and gone is also and indicator that this is a non-concern.

Any speculation otherwise is just that, speculation, that has no merit. It is a dead subject.

Thank you for reposting and explaining this.

GLTA true longs.

[Elcappy1]

Ha! Thats very very good news here ;) SNDY