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GMT50

01/18/14 5:23 AM

#19546 RE: dealerschool2006 #19545

For the first time in a year it might not be a bad thing to be stuck in this. We have news coming this week , a new directiom. I'm ready to add to my 50 million shares at .0001 if news is good. I think there's at least 4-5 of us on this board with that many. Jim has 650 mill. That's almost a billion shares combined. If he has the float down to 2 billion, with the right news imo we should see a bid and movement. GLTA! GO ATYG!
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lebrewski

01/18/14 7:27 AM

#19548 RE: dealerschool2006 #19545

She also said that while DTCC could place restrictions on clearing and settlement of issues held at its depository, trading could continue at a broker’s discretion if a customer held physical certificates either directly or through a Direct Registration position. “It would be much better if microcap fraud could be stopped before the trade takes place, rather than at the clearance and settlement level,” Nahari stated.

this is from the dtc's website


This may be why your shares are no longer trading, or showing up on the ask. if your broker didnt hold enough physical certificates, they cannot trade. so a portion of your shares may have been held as physical certs and the rest were just on record with dtc. the ones on record with dtc cannot be traded.