Gold Entertainment Group Inc (GEGP)

[Quintessence]

I sent TDA a message and this was their reply:

GEGP is a restricted stock that can not be traded in our accounts. There are settlement issues with this company. they will recognize ownership or transfer of their shares only by physical certificate instead of the modern electronic book-entry system. Where companies convert to physical certificates only, it has become extremely difficult and, in some cases, impossible for brokerage firms like TD Ameritrade to obtain shares for their clients. This can make settlement in a timely fashion difficult.

This does not make sense to me since other brokerage forms seem to be allowing trades in GEGP. So I own shares that I can never sell?? Crazy...