TS03 Inc Trust Units TSTIF

RE:According to this The Globe and Mail article,

[echo2]

You are correct on both counts: shares held in a normal trading account cannot be lent out without your expressed permission, period; and, shares held in a margin account can be lent out by the broker at any time without your permission to the value of the margin that you have borrowed against this stock held in the margin account, for stocks over $2.00 or $3.00 that are marginable according to the rules of your broker.

It will be interesting to see what IIROC, OSC, and FINRA find and how they deal with the unusual bear raid we are presently seeing in TOS.

Again, as last year when the stock was pounded to 1.50, we can only hope for more positive news to be released sooner than expected to make these shorts run for cover. We might also wonder if the company will issue a pr to announce that there is nothing material to cause this sp decline, quite to the contrary, to announce that all is great and getting better; and, I wonder if the company might announce a share buy-back to show sp support for long term investors and to allow the company to buy-back shares at these ridiculous prices.