W2007 Grace Acquisition I, Inc. (fka WGCBP)

[MrchntDeth]

Welcome to the Club!

Please note that while you are indeed an additional shareholder in W2007 Grace Blah, Blah, Blah, new shareholders do NOT get counted as additional shareholders, UNLESS, their share(s) is/are held in their OWN name, and NOT in "Street Name."

For the purposes of counting the number of shareholders, if we have 1,500 shareholders owning their shares in Street Name through Fidelity, it is only Fidelity that is counted, and Fido is counted as being ONE (1) SINGLE SHAREHOLDER, rather than as 1,500 separate shareholders.

In order to get the most bang for the buck, I recommend that shareholders ask that AT LEAST one (1) share be transferred into your name (rather than Street Name), so that the numbers can add up to truly and accurately reflect the actual numbers of shareholders/owners, and not using some arbitrary "Number of Brokerages Out There" type count that are holding for Beneficial Owners.

Even better than moving just one share, consider moving 10, 20, 50, even 100 shares into your own name. Once you receive a Stock Certificate for the shares that YOU own in WGCBP and/or WGCCP, you are then free to Contact the Transfer Agent (ComputerShare, at Computershare Shareholder Services), and they will gladly convert your certificate into as many new shares to NEW, DIFFERENT OWNERS to whom you gift shares. And they charge you NOTHING, NOT A SINGLE PENNY, to print/send new certificate(s) to you and the new W2007 shareholder(s).

If you felt so inclined, you could set up an UTMA/UGMA account for your children, grandchildren, the neighbor's children, a total stranger's children. The important thing is to make sure that the shares are taken out of Street Name, placed in YOUR name, and then feel free to transfer to friends, family, acquaintances. A share of W2007 Preferred is currently fetching just under $20.00. For a gift of $20.00, you can give the gift of share ownership to a young child, and as a pleasant "side-effect," add or more shareholders to the actual shareholder count.

No kids to set up UTMA/UGMA accounts? Then transfer at least one (1) share to an adult, making sure that it gets registered in his/her own name. Then, while you're at it, consider setting up a Joint Tenancy, Joint Tenants WROS (with rights of Survivorship), Tenancy in Common and/or Tenancy by the Entirety (depending on your state of residence) between you and at least one other adult to create yet more shareholders out of your 20, 50, 100 shares of stock currently in Street Name.

Feel free to get creative. After all, these are YOUR shares, and NOT Goldman's or anybody else's shares (although Goldman certainly acts as though this company is their personal b!tch).

I wholeheartedly encourage each and every shareholder of either of these Series of Preferred's to immediately order a certificate OUT of your brokerage account (e.g., Fidelity, Schwab, Merrill Lynch, Scottrade, TradeKing, etc), and as soon as you have received your physical stock certificate for your W2007 Grace Preferred(s), contact ComputerShare. I would be happy to provide any assistance to anybody that needs additional assistance in transferring shares OUT of Street Name, and INTO your own name.

Ps: one word of caution - different brokerage charge vastly different prices to issue a certificate in your name. You do not necessarily need a paper certificate; you could have your brokerage electronically register your shares in your name. I know that Fidelity charges around $100.00 to issue a paper certificate (although they will completely waive those fees depending on the assets you have Fido holding for you and/or the number of trades you do with them each year. Schwab charges $500.00 for a paper certificate - do NOT request a paper certificate through Schwab! Instead, ask Schwab to transfer shares to your name and ComputerShare will hold them electronically. Muriel Siebert & Co., charges NO FEES to send you a paper certificate, regardless of assets that you have with them. Siebert charges a bit more per trade (~ $15.00/trade), but it is really worth it when you consider the charges that Siebert does NOT impose to transfer shares into your name.

Any way, please feel free to ask any questions if you need help/assistance with this, and I'd be happy to try to help you as best as I can.