Explore small cap ideas before they hit the headlines.
Explore small cap ideas before they hit the headlines.
By the time we get our shares the restriction for selling will be lifted 😁
I still have my contact info with E*trade so if nothing pops up by mid week I’ll give Sara a call.
Thanks!!! When all this works itself out and gets resolved and we have a SOLI
/WPH reunion I’m buying you drinks!
I’m calling tomorrow. Last week I got done descent answers and was told there should be more from the Operations Department (those that deal with DTC) in a week.
E* update: just got off the phone and first I was ever told a manager from Corporate Actions in inquiring with the Operations Department and to call back Friday for an update.
Not a loss cause. It’s correct you don’t have an account with Continental but with E*. Same as all E* account holders. The WPFH shares are on Continental’s book and waiting for E* to request them for their account holders. Basically E* trust company (Depository Trust Company—“DTC”) will reach out to Continental requesting the WPFH shares owed to E* brokerage accounts. Then once received DTC will deposit them into our E* accounts.
At least that is my understanding from conversations I had this week.
Update: I got a call from Continental this morning and basically was told my name was not in their system and that my brokerage (E*) would have to contact them. I called E* and explained this to them and the guy I talked to was familiar with SOLI and they are researching it. Seems their clearing house/transfer company has not received notification of any corporate action to reach out and request the shares from Continental.
Does anyone know what Schwab received that caused them to initiate the transfer with Continental?
For those who are having problems with the E brokerage. Please do the following:
Call their Corporate Action department at 1-800-661-4587
Tell them you had/have delisted SOLI shares in your account that haven’t been converted to WPFH shares even though other brokerage houses have made the conversion. They will then put you on hold for a few minutes and come back and say they don’t know what’s happening and don’t see any record of them getting the shares. Then ask them nicely to contact Stacy Aqui at Continental Stock Transfer & Trust Company and she can confirm the DRS details that were sent to them. Her information is below. I just did this and the more account holders we have submit requests the better. Thanks.
Continental Stock Transfer & Trust Company
Stacy Aqui
Vice President and Account Manager
212.845.3299
saqui@continentalstock.com
E Trade update: after the third transfer I got to the Corporate Action Division and talked to Glen (he said it’s a small team, M-F from 0800-1800 EST) I explained the situation and he couldn’t find any records of the corporate transaction and said if I had any to upload them to my account and they’d review them. Seems like they need a start point to track down the shares, transfer company, etc.
I’m going to upload the news releases and Edgar Filings so hope that gives enough to go on.
Anyone who wants to call the number is: 800-661-4587
Like you I wrote this off in mid ‘20 (if only that interview and baseless SEC claim went differently). I’m thankful there is a second chance. Without that interview we would have been six to seven figures better off, but my life is still great and there is the possibility of it being even better in 2 years.
Do you even live in reality?
Thanks DT…pass my regards on to Kevin as well. Gotta love the “SOLI Family”
Encourage other E*Traders to go to call and go to support and upload any documents you think will help them process our shares. Thanks.
I just did and will give them a couple days and if still nothing I’ll call back.
E*Trade update: after the third transfer I got to the Corporate Action Division and talked to Glen (he said it’s a small team, M-F from 0800-1800 EST) I explained the situation and he couldn’t find any records of the corporate transaction and said if I had any to upload them to my account and they’d review them. Seems like they need a start point to track down the shares, transfer company, etc.
I’m going to upload the news releases and Edgar Filings so hope that gives enough to go on.
Anyone who wants to call the number is: 800-661-4587
I’m on the phone now with E*Trade (third rep in an hour). Will let everyone know my progress
Anybody have their shares show up in E*Trade?
Happy Thanksgiving DT…thanks for the update.
Can you translate this?
Things that make you go “hmmmm”.
So what will tomorrow hold?
The super app’s potential is staggering. Will be fun to watch this the next year or so. WPH is just getting started!
We weren’t screwed by SOLI but by the SEC.
Not sure of the exact length of time but yes they will be restricted
Thanks for the update. Really appreciate it.
Correct. As long as the old shares of SOLI shares are held in a brokerage account the transfer agent will send the brokerage firm to distribute into your account at the specified conversion rate.
I too have E* and am expecting the shares to show up when released by the transfer agent. When SOLI went defunct E* never notified me. The only thing that changed was the SOLI name removed from my account but the shares remained (assuming it was so that I could “liquidate” them at $0.00 if I wanted the tax write off—glad I didn’t). Like I said I’m expecting the conversion of shares to happen when released by the transfer agent. We shall see.
Can this article be stickied to help people know more about super aps and our Vezbi?
https://www.msn.com/en-us/news/other/rise-of-the-us-super-app--spoiler-it-probably-won’t-be-“x”/ar-AA1l7WgG?disableErrorRedirect=true&infiniteContentCount=0
Looks like the Easter Bunny is the one delivering the shares.
Part of the potential revenue I believe is in the international realm. I remember a couple years ago discussions about that.
It’s been a wild 5 year journey. I bought my first shares 5 years ago this week. Can’t wait to see what the next five years bring. If it wasn’t for that stupid PR and Foxnews interview (along with the SEC moving the goalposts) this story would be a lot different. I’m just thankful for a new chapter.
Thanks for posting…really appreciate it.
Do you have an email for them? It’ll save me some time 😁
I expect some positive news from WPF re: their new acquisition (CareClix the old SOLI). In order for the price to pop there will need to be some pretty significant current/projected revenue attached to the announcements. As DT says…the day the shares show in my account will be a GREAT day
Thanks! Great news
I’m curious to know how many held on without taking the write off. I tend to believe we are in the minority and most just cleared their accounts, took the loss in tax year 2021 or 2022, wrote it off and moved on.
It’s weird following a stock trading in the multi dollar range
After yesterday’s news 2024 should be interesting over here.
Our SOLI shares have been “restricted” since late March of 2020 so we have developed patience 😁
Having never been through one of these before what is the typical timeline to receive the restricted shares? How long do you think they’ll be restricted? 12 months? Or longer?