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Microcap & Penny Stocks : Ecotyre Technologies. ETTCD. Investors patiently watching!

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To: Jack Kanak who wrote (11)6/24/1997 4:37:00 AM
From: Jack Kanak   of 15
 
I wonder if anyone on the SI board of ETTID has successfully placed a SELL order since last Wednesday since the symbol changed to ETTID??

The reason I ask is that my broker tells me that his Headquarters office says they can't trade it because they have not received the new symbol and CUSPID. Apparently "Headquarters" says its a problem with the Central Depository not getting this information out.

This troubles me. The stock IS trading as shown by price and volume so clearly the symbol and Cuspid are known to some brokerage houses---why would they not be available to all at the same time. It's possible that they aren't, but this is the electronic age and one would expect one button push sends it to all brokerage houses.

It causes me to suspect that my broker's "headquarters" is remiss in this matter, or that for some reason they are intentionally not letting it trade through them.

I contacted the SEC today to ask how this situation could exist.

If anyone had sold this stock with the ETTID symbol since last Wednesday I would appreciate knowing so and, if you please, your
brokerage house and city. At the same time, if anyone has had difficulty selling in that time period, I would appreciate your sharing that information.

Thanks.

Jack Kanak
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