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To: Jeffrey S. Mitchell who wrote (9762)	8/31/2006 12:36:13 PM
From: Jeffrey S. Mitchell	Read Replies (1) \| Respond to of 12465

Re: 8/31/06 - [GLKCE/GLLC] DTC: Media Statement on Global Links MEDIA STATEMENT Media Statement on Global Links New York, August 31, 2006 – DTCC is looking into the facts surrounding transactions that were reported on in a recent media report regarding Global Links Corp. We have been unable to find information that corroborates many of the facts and statistics cited in this story. The public record has established that during a three-year period beginning in April 2003, the company engaged in three reverse splits, a name change and one forward split. The 27 million share delivery failure referenced in the recent report occurred in conjunction with one of these 350-to-1 reverse splits. This type of activity is quite rare and unusual for mainstream securities. However, among sub-penny stocks, these activities may occur more often to try and artificially raise the stock’s price. The article suggested that during February 2005, when one of the reverse splits was initiated, the stock was trading at 10 cents pre-reverse split and Global Link’s aim was get the price up to $35. According to Bloomberg, the price for Global Links during the two weeks prior to the reverse split ranged from $0.0364 (3.6 cents) to $0.01458 (1.5 cents). Whatever the actual cause of the delivery failure, the total value of the 27 million in failed trades described in the media report was less than $38,000, which hardly constitutes the threat to the capital markets that the article implied. DTCC is currently working to determine more of the day-by-day details associated with this corporate action. The available information at this point seems to confirm what Global Links itself stated, this was "a simple error" - likely the result of information about the reverse split not having reached the marketplace- and did not involve naked short selling. ### dtcc.com