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Oh my........once you have an authorized Medallion issuer, minutes. At my bank, cost nothing.
Huntington is mine. They recently acquired my existing bank TCF 2 months ago. No one will receive any funds till they get those Medallion certs. My paperwork doesn't get there until tomorrow. Then I suspect $$$ to fly.
My bank said the same thing. I just chuckled when they told me that, cause that ain't me. Would have been nice though.
Work smarter, not harder. Isn't that the saying? I would think they would take them as they come in. Scan the Medallion certificate and process. I'm thinking 24 to 48 hours, get 'er done.
I would think you're set to go. We will all see "soon".
Are you signed up with DocuSign?
Yup. And to beat a dead horse, I printed paper copy of the DocuSign docs and signed my name next to my initialed papers. I enclosed a recent statement from my TDA account which was October. Probably didn't want that but at this point to much is better than not enough. Then bundled it up and sent it all to: VStock Transfer
Attention: LAHO Buyback
18 Lafayette Place
Woodmere, NY 11598
This is all in the documents. I'm surprised you haven't gotten your stuff by now. But then I got my documents at 12:42 am.
They need to find a branch where someone is authorized to stamp it with this special green ink. My bank was absorbed by a larger chain, Huntington. Been a lot of transformation with them. Representatives said this is NOT uncommon request and very indicative of stock issues, even though I've never heard of it. They have someone somewhere that can do it. If not, your bank should be able to refer you to a bank that does.
One last word. I believe the percentage is .00205. Not much of a difference but a few bucks. And the fees are about $200 that come out of that. My bank didn't charge me for this Medallion process. Course I drove about 30 + miles to find a branch that could do it. I feel real good at this point.
I can verify that is true. The TA will get my documents with the Medallion stamp and other verified information by this weekend. Once scanned with magic scanner, I should be all set. The money will be electronically sent to my TDA account.
I got all my forms late last night. DocuSigned them and ran paper copies. Went to my bank for the Medallion stamp, and they had no one authorized to do that. They got on the phone and sent my to another branch 5 miles away that did have authorized Medallion people. Got there and her Medallion stamper was out of ink. Sent me to another branch 10 miles away, same thing, no ink in the stamper. Sent me to another branch 5 miles away and finally success! The ink is a special ink that illuminates when scanned. I bundled it all up and sent it 3 day express to NY.
I noticed that info missing too, but I feel better it's not there. Your broker does have that banking info. Should be good to go.
It is. And sure enough I searched the list and it came up. All institutions from brokers to banks are listed.
OMG, again, surprise! Yes, it was a 4 digit number. Luckily I did not have to wait other than the 20 minutes for the gal with the info.
If it was as clear as mud, I'd take it. But it's not, it's a tar bed. LOL.
I called TradeAmerica, all I needed was the DTC participant number. The person helping me said, "let me see what I can find out" because he didn't know. 20 minutes later, another person came in. She wanted some history on what was going on. So, I explained in an abbreviated summary of the entire mess. She said TDA doesn't like giving out the DTC number, but in this case she gave me one. She said you're a trooper for going through all this, she would have told LAHO to take a hike. I told her, I've come this far, I'm going to finish the game. Now I'm off to the bank for my sticker. then to post office.
No I haven't, yet. Guess I'll call ATD for their input. This process is new to me as it seems for everyone. What I had in LAHO is right there in my positions and I relayed that info in the first set of papers. I think this Medallion confirms this. Thats how I read it.
I got the same from this Peter. I've initialed the documents and will journey off to my bank for this medallion thing, then overnight this puppy.
I noticed in section 5.9, there are fees being added.
Escrow transfer fee: $150
TA fee for records: $10
TA fees for beneficial holders: $85
Medallion fee: Varies on the bank.
Probably take those charges out of the money coming to the applicant.
Hmmm, really? Go back to post #46602 posted by 303autum. Scan down to line 3c - Concerning DWAC Withdrawal Shares Cancellation Form. Sure seems that this applies to Canadian investors.
This medallion requirement was initially described as something Canadian investors had to provide. But this is not the case now? All of us have to.
This is exactly what I did. My paper documents are scheduled to arrive Friday, but is this one individual open?
Kidd, did you find it? Go to LAHO site, read the LAHO letter and click the link in their notice.
You know folks, I'm reading this Return to Treasury Program over and over and over. I hate to be a Jeffy Downer, but this thing is boobie trapped with trip wires of extended delays to continue the exercise of payout distribution. I filled out the DocuSign papers, initialed them, signed them and sent it. The documents were in HTML format so the graphics were not there. The important info was there, just not the graphics as if it were a PDF file. I printed my TDA reports and sent that two day express today to back up my electronic file. So, like the rest of you, we wait for our next move. Every step to follow can take not only weeks, but months and LAHO dictates this just as they have for years now. Especially the last step and I quote "Finally, when the LAHO Financial Advisor Administrator (whom remains anonymous) has received all the documents and approval, the company (LAHO)will instruct release......Given LAHO's debacle performance, doused with doubt.
Took me a little time, but,I went direct to LAHO site to the source letter and clicked on that. I was signed up on DocuSign already as well.
Cody, are you making progress? I'm going NO where.
Thats as far as I get. I filled out the free trial form for DocuSign. I have not been able to review this "LAHO Return to Treasury Program - DocuSign FoRm". Few options available, so I filled out the free trial DocuSign form. I'm getting no where.
Hmmm. Tis is coincidental. I live in Chaska, just 5 minutes from Medina. I should stop in and see what I can find out. I had no idea.
As does mine, good find.
If the American process is ready to roll, why not launch it asap. A nice Thanksgiving would be even be sweeter. This would also send a positive message to the Canadians this IS happening. How long does it take to get this medallion?
As much as I defer your negative comments, I do concur with you on this. Novas is dumber than dirt when it comes to business and following proper protocol to move his company with momentum. He will in due time be wearing orange along with his roomie, Christensen. I'm sure in his nightly par take in tequila he has a good laugh at the gringo's comments. Enjoy Benito, enjoy.
Is November 15th also our payout date?
Just give us our money, or specify the day we will. Run the financials, the audits, fire and hire more attorneys, what ever the excuses are. Just give us all our money so we can all move on.
Didn't see any "cake" this morning. Maybe tomorrow.
You should be, should have had it last week,last month, the month before, the month before, last year.
I love cake! Let's serve it up!
Weird, or is it? My CUSPID # changed over to LAHO about noon in the "position" tab of my TDA account. Now its back to the number. The clown show continues.
Not in my TDA account. Still shows the CUSPID #. Maybe in the process for all 2000 +/- holders, take a little time.
It's "truth be told" by Mathew West. And I believe you are on target.
And that is, like everything on this board. Yet despite all, nothing has come to fruition. NOTHING! After years!
No its not. This is scamming business 101.
He's done it once and that worked out pretty good, so he'll do it agian.