Just posted on the other board
Quote:UPDATE ON E-TRADE SHARES SITUATION
I HAVE JUST RECEIVED INFORMATION FROM A HIGHLY RELIABLE SOURCE, INFORMANT IF YOU WILL, THAT THE TA FINAL RECEIVED ALL PRE-SPLIT SHARES FROM THE DTCC ON 6/1/15.
YES THAT IS RIGHT, IT TOOK THE DTCC ALL THIS TIME TO PROVIDE ALL PRE-SPLIT SHARES BACK TO THE TA FOR CONVERSION TO THE NEW POST SHARE STRUCTURE.
THE TA HAS NOW FED EX'D BACK TO DTCC THE NEW SHARES AND THE DTCC HAS PROVIDED CONFIRMATION BACK TO THE TA THAT ALL NEW SHARES HAVE BEEN RECEIVED, INCLUDING THE SHARES FOR E-TRADE.
ALL SHOULD UNDERSTAND THAT E-TRADE NEVER DID AND NEVER WILL ACTUALLY MAINTAIN PHYSICAL CONTROL OF THE SHARES. THAT CONTROL WILL REMAIN WITHIN THE DTCC. HOWEVER, E-TRADE NOW HAS NO REASON TO PREVENT NORMAL TRADING OF THESE NOW POST-SPLIT DSUS SHARES.
FINALLY, THE TA ALSO CONFIRMED THAT THEY HAVE NEVER COMMUNICATED WITH E-TRADE OR RECEIVED A CONFIRMATION REQUEST OR ANY OTHER FORM OF COMMUNICATION FROM E-TRADE DURING THIS ENTIRE TIME PERIOD.
ONCE AGAIN THE STRENGTH, DETERMINATION AND WILL OF THIS COMPANY HAS PROVEN ITSELF. THESE FOLKS KNOW WHAT THEY ARE DOING AND HAVE SETUP UP THE CORPORATE INFRASTRUCTURE TO ENSURE NOTHING STANDS IN THE WAY OF THEIR GOALS.
DSUS!!
