here is some of mdimports CC DD CC summary:
Post# of 16816
CC summary:
Everything done for the TA
- in STAMP
- in STA
- will probably relocate to a different building by June 2012
Revenue per TA client:
- 100 clients generates between $300-350k revenue
- 50% of revenue goes to bottom line
- requires 2-3 people max to operate
OTCBB uplisting:
- will engage auditors after 04/15/2012
DTC FAST
- needs auditor review to ensure everything in compliance. Will be done when audit complete (sometime after 04/15/2012)
Alternative marketplace:
developed and designed, but on hold right now. Waiting till broker ready.
Share buyback/reduction:
- no timeframe
- money only being used for acquiring a broker right now
- will be an active broker that allows prop trading
A/S increase:
- doesn't know
- doesn't want to raise
- if has to raise would be a small increase
R/S:
- doesn't envision
- if A/S raised then possible
- no reason to do R/S however
Can DTC Chills be lifted:
- on a limited basis through the TA
Clearing House:
- timeframe about 1 year
- brokerage and investment divisions need to be running first
Wall Street Review
- will come online after brokerage
Number of people:
- four potential directors
- brokerage needs to be in place first
- will have outside advisory board in addition to directors
Preferred shares :
- filing with FL State
$300k to be raised around March 1
- hopeful to be complete before end of March
- work in process
- first $200k hardest to raise, after that balance will be much easier
Liquidation of RIGH and TGGI holdings:
- nothing liquidated to date
- hopeful this quarter
- not helping RIGH in day-to-day any longer
Live L-2 update on website:
- next 10 days
Brokerage:
- should be in place in next two months