Tuesday, May 29, 2007 2:27:16 PM
I have been in contact with the Support Group at Tradefreedom regarding online orders being placed on HVLN. They have informed me that the IDA (Investment Dealers Association of Canada) has released a report indicating sucpicious activity has been taking place across the industry to manipulate share prices of OTC share issuers. As such, they are placing an online restriction on the purchase and sale of all OTC securities (OTC, Pink, and Grey). Orders must be placed over the phone until further notice.
Below is the link to this press release from the IDA.
J
Date: Tue, 29 May 2007 14:19:12 -0400
From: TradeFreedom Support Group <supportgroup@tradefreedom.com>
To: xxxxxxxxxxxxxxxx
Reply-to: supportgroup@tradefreedom.com
Subject: OTC trading
Good afternoon Mr. xxxxxxxx,
As per our conversation, please click on the following link for
additional information regarding security risks:
http://www.ida.ca/Files/Media/MediaRelease/General/MRG2006082401_en.pdf
No date or approximate time frame has been determined as to when OTC
trades will be re-instated for clients (one would have to call their
trades in for the time being).
Should you require further assistance, please do not hesitate to contact us via email at support@tradefreedom.com or call Toll Free 1.866.8FREEDOM (1.866.837.3336) anytime between 8:30am and 6:00pm EST, Monday through Friday.
On behalf of the TradeFreedom team, we look forward to providing you with outstanding service that will take your trading to the next level.
Thank you for choosing TradeFreedom - we value your business.
xxxxxxxxx
TradeFreedom Securities Inc.
T. 514.344.5111
F. 514.344.5160
Toll Free 1.866.837.3336
support@tradefreedom.com
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