SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Amazon Natural (AZNT) -- Ignore unavailable to you. Want to Upgrade?


To: Spider Valdez who wrote (11768)11/15/1998 12:45:00 PM
From: Janice Shell  Read Replies (1) | Respond to of 26163
 
the "papers" left d.c. to still another unit.

No they didn't. The DTC still has the cert, or certs. And guess what else: the DTC is pissed off. VERY pissed off. SO pissed off, in fact, that they are contemplating a lawsuit against AZNT:

(Note: McClean is the in-house counsel for Canaccord.)

7 MR. MACLEAN: It's not, your Honor. Again, I have to
8 go back -- there's a difference between shares and
9 certificates. And what we're saying is freeze the
10 transferability of the shares that First Concorde holds for
11 Canaccord and J.B. Oxford by enjoining the parties before you,
12 J.B. Oxford and Canaccord.
13 Now, frankly, your Honor, the order's unnecessary because
14 DTC has already imposed a global freeze. And I'm told by their
15 counsel --
16 THE COURT: I understand that from the materials that
17 you (indiscernible).
18 MR. MACLEAN: I'm told by their counsel that if things
19 don't straighten out, they expect to take action against Amazon
20 by the year's end.


This is the first of MANY citations from the transcript of the October 2 injunction hearing. You will be AMAZED. Fasten your seatbelts.