Yes and as I posted before, the only broker that would allow transfer of shares in is IB and their commissions ironically are high for penny stocks (and a steal for everything else). So I am stuck with a majority of my shares in Schwab and can only sell in lots under a million. This wasnt a problem for this stock when it was trading at higher prices but when it hit rock bottom it took a lot of work to enter in all the 999K orders with those $7 commissions per order.
My hope is that they can fix their systems to accept larger orders in the not so distant future OR XCLK does so well that it (healthily) reverse splits to much fewer shares so that wanting to sell over a million shares at a clip is not something I would be doing.
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