Here is the response I received via e-mail today from BuyandHold:Dear Mr. Rosa,Thank you for contacting BUYandHOLD. I appreciate the opportunity to respondto your email.Currently, BUYandHOLD Securities Corporation has approximately 210,000accounts. We remain highly optimistic about the future of our firm as we arein discussions with our investors to obtain the additional financing neededfor us to reach profitability. Although this funding has not yet beenattained, these discussions are positive and we are anticipating a positiveresponse shortly. In the event of the firm's insolvency, BUYandHOLD Securities Corporation isa member of SIPC (Securities Investor Protection Corporation). SIPC providesprotection in the event of losses resulting from a brokerage firm'sinsolvency or liquidation. SIPC provides protection of up to $500,000($100,000 of which covers cash balances). If BUYandHOLD SecuritiesCorporation were ever to become insolvent, each customer's account would beprotected up to $500,000 ($100,000 of which covers cash balances). Customerswould then have the option of either transferring out their shares to anoutside brokerage firm with no additional charge or to have their sharesissued to them in certificate form. You would be notified as soon aspossible if the situation did arise.We thank you for your continued support and do consider you to be a valuedcustomer. We look forward to assisting you in reaching your long termfinancial goals. If you should have any further questions, I encourage you to contact me viaemail (email@example.com) or at 1-800-646-8212, Monday through Friday,8:00 am to 6:00 pm, EST.Sincerely, Mary Ellen DunnBUYandHOLD Securities Corp.
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