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Microcap & Penny Stocks : Olympus Ventures (BB: OVIS) ---Short Squeeze is on!
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To: douglas hicks who wrote (477)9/10/1997 9:57:00 PM
From: Jaxax   of 492
 
Hi Douglas:

I ordered my certs on Aug 22. I had to call 4 times (no easy task waiting on hold with e*trade for 25-55 minutes) and finally get angry and threaten them before I finally got a confirmation that they were ordered on Sept 3. I then called the transfer agent and they said they sent then out on Sept 5 to DTC. I called e*trash today (Sept. 10) to check on the status. They "didn't know" all they could confirm is the order going out on Sept.3. They said "2 weeks". After going through the TA at least they are out of the float. To me this is ludicrous since it only took 2 days from the order to the release from the TA. It has now been 5 days since that date and obviously they can't blame it on DTC since it went from them to DTC to the TA and Back to DTC in 2 days! Sooo where are they now? If I do not get an acceptable answer tomorrow I WILL contact the SEC and quote their own laws...
Section 17A. National System for Clearance and Settlement of Securities Transactions

(a)

(1) The Congress finds that--

(A) The prompt and accurate clearance and settlement of securities transactions,
including the transfer of
record ownership and the safeguarding of securities and funds related thereto, are
necessary for the
protection of investors and persons facilitating transactions by and acting on behalf of
investors.

I've HAD IT with these butt surfers!
Science Officer Jaxax ser # 04 OVIS Cartel
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