Since the halt occurred I have sent two messages a
Post# of 4754
Posted On: 05/07/2014 3:43:44 PM
Since the halt occurred I have sent two messages and they have responded both. Actually, I sent a message this afternoon and they responded already.
They said they are in the process of an MM sponsoring the security.
Their response matches what a broker told me and I posted in my previous message on this board.
"To get out of the greys, a broker explained to me, CDFT needs to find a MM willing to make the market for them. The MM needs to file a form with the sec, don"t recall the #, once they investigate and confirm that all the news publiched by CDFT are accurate. He said, it ussually takes about 6 weeks. He said that has been his experience. Hopefully it does happen soon so I can deposit my certs."
They said they are in the process of an MM sponsoring the security.
Their response matches what a broker told me and I posted in my previous message on this board.
"To get out of the greys, a broker explained to me, CDFT needs to find a MM willing to make the market for them. The MM needs to file a form with the sec, don"t recall the #, once they investigate and confirm that all the news publiched by CDFT are accurate. He said, it ussually takes about 6 weeks. He said that has been his experience. Hopefully it does happen soon so I can deposit my certs."
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