Replies to post #29183 on Entest Group Inc

[1~Eye~Jack!!]

~ ENTB = Unfortunately Incorrect! :-( The reason..the..DTCC is not going to do it anymore is it was costing them $$ to do it as their "Customer Base" has dropped off,, as the MMs are mostly their Own Clearing House now... ;-)

March 14th Will have 0 Effect on Sub-Penny & Penny Stock... ,,but March 17th will have an effect,, when people that thought this would "Help" end up Selling Off! :-(

E*trade for Example,, they are their Own Clearing House! ;-)

http://en.wikipedia.org/wiki/E-Trade
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Here,, this will give ya a long list of Self-Clearing Trading Companies... ;-)

http://www.onlinebrokerrev.com/other_articles/clearing-firms.php


Good-Luck to All! ;-)

















































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As always,, the above Post is "Just My Opinion!" ;-)

[1~Eye~Jack!!]

~ ENTB = More on the DTCC March 14, 2014 NSCC’s Rules & Procedures to discontinue its Stock Borrow Program and how BMSN & Penny Stocks Under $1 will Not be affected by this change! ,,but ENTB & other Sub-Penny-Stocks will actually be Affected by the Current Farce! :-(

Unfortunately,, the people making a big deal of it are Clueless. They're the folks who like to Blame their Poor Investment Decisions & CEO Mistakes, like Koos Massive Dilutions,, on "Shorty!" :-(

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Over the past few years the use of NSCC’s Stock Borrow Program, which allows NSCC Members to elect to loan their excess positions to NSCC’s Continuous Net Settlement (“CNS”) System in order to facilitate the completion of CNS long allocations, has declined. As such, NSCC is proposing to amend its Rules in order to discontinue the Stock Borrow Program.

...In 2007, NSCC borrowed a daily average of approximately $1.85 billion in market value at the close of each day from the approximately 21 Members that participated in the Stock Borrow Program that year. Usage of the Stock Borrow Program has since dropped by almost 95%. In October 2013 only three Members participated in the Stock Borrow Program, and the average daily value borrowed at the close of day during that month was approximately $81 million. Usage of the program has continued to drop since the end of October 2013. Given this dramatic reduction in the use of the program, NSCC has determined that it is not economically efficient to maintain the service, and NSCC is proposing to amend its Rules in order to discontinue the Stock Borrow Program. NSCC has informed the Members using the Stock Borrow Program of its intent to discontinue the program…

http://www.sec.gov/rules/sro/nscc/2013/34-71156.pdf




















































___________
As always,, the above Post is "Just My Opinion!" ;-)

[SKIPPERANDGILLIGAN]

If I shorted this stock, it would be at 8 cents already.