Thursday, June 26, 2014 12:41:02 PM
I sent a message to e-trade this morning about when I could see the new shares in my account and this is the response they sent me:
"Dear Mr. xxxxxxx,
Thank you for your message regarding your account.
When a company does a reverse stock split, new shares are issued. We are currently awaiting the new shares to be delivered from the agent. We will update your account immediately when we receive the shares. In the meantime, if you need to sell please contact us so we can look into an accommodation to let you sell the position you have not yet received. We currently do not have an anticipated delivery date from the agent. If you have any questions, please respond to this message or call us at 1-800-xxx-xxxx.
Sincerely,
xxxxxxxx"
I'll give them a few more days.
I noticed that the bid is now 5000 at $0.12 and the ask is 100 at $4.56. I'm tempted to buy those 100 at $4.56 just to get the ball rolling, but decided to just wait.
Good luck,
Cropduster
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