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Tytan Holdings Inc. TYTN
Posted On: 05/07/2012 5:12:16 PM
Post# of 2918
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Posted By: USC Cowboy

Still no tradable shares post R/S at Zecco.  I contacted them and drilled in...


here is the dialogue from 'live 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 'Edward'


Edward: Thank you for contacting Zecco Trading. How may I assist you today?


Mike: Why are my shares of TYTN still not showing the R/S that recently had the "D" removed?


Edward: I'm happy to assist you. Please give me a moment to review the details of your account. For security purposes, could you please verify your full name, account number, and date of birth?


 


I REMOVED MY PERSONAL INFO>


 


Edward: Thank you very much, please allow me one moment to research this for you.


Edward: It appears that our clearing firm is awaiting the final word on the reverse split


Edward: once we hear from them we will make sure to update this for you


Mike: That is strange as all the other major brokerages have completed everything and it is free trading


Edward: I apologize for any inconvenience this may have caused you. It is my hope that we should be able to update this for you very soon


Mike: Did this firm participate in some of that naked short crap, air shares and now you can't xchange for real shares because you do not have certs?


Edward: No, that is not the case at all, we are just awaiting from our clearing firm so that we may show this security properly


Mike: I'm pretty hacked, I've got a lot a money on this and I'm getting real suspicious of you guys.


Mike: Why can everyone else do what you obviously can't or won't do?


Mike: Should I submit my query to the regulatory bodies?


Edward: Unfortunately, I can not speak as to what other brokerage firms are doing


Edward: I can assure you we are exerting our best efforts to make this information available to you


Mike: What is the hang up, specifically?


Edward: This is definitely your right, if you wish to do so


Edward: Unfortunately, I am not able to see what exactly it is that may be hindering this process  


Mike: Who can see what the specific problem is?


Edward: If you wish you you may call investor relations of that company to find out what exactly is holding this up


Mike: I want your compliance officer to write to me on your corporate letterhead explaining what is the issue, if you held legitimate shares pre R/S you should have been able to provide the transfer agent those certs and get the post R/S shares back into the individual accounts.


Edward: If you wish, I can take your contact number and have our compliance officer give you a call later on in the week


Mike: No call, in writing if you please.


Edward: allow me one moment


Edward: I can certainly put in this request for you


Edward: however,


Edward: with typical transactions such as this,


Edward: our compliance department typically does not provide explanations as to the length of time that has taken place


Mike: Please do so, so far I am very dissatisfied with the Zecco response to my issue.


Edward: I apologize for any inconvenience you may have experienced.


Edward: I Will make sure to forward this


Edward: however, please know your request may not be granted


Mike: Understood but not happy!


Edward: Did you have any additional questions or concerns that I can address for you today?


Mike: No


Edward: Well, I hope you have a great rest of your day Mike


Mike: Bye


USC














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