InvestorsHub Logo
Followers 126
Posts 11077
Boards Moderated 1
Alias Born 03/17/2005

Re: Poptech post# 9973

Tuesday, 04/05/2016 11:53:19 AM

Tuesday, April 05, 2016 11:53:19 AM

Post# of 10055
Popt: Alright. Now, let's analyse them...

1. Also, are you going to tell the CCRA shareholders their common shares weren't exchanged?
- Yes.
- Great. I'll be looking for that post over there from ya.

2. How did they get NHMD shares?
- Symbol change.
- Exactly, and if they wanted to get physical stock certificates for those to replace the CCRA physical stock certificates, the shareholder would have to physically return, or EXCHANGE those, old and now cancelled, CCRA stock certificates for newly registered NHMD physical paper stock certificates.
- A symbol change represents a stock change which a company stock is a traded as a security. These all represent equal shares of the company. Hence, shares of the company are ultimately what are being exchanged.

3. Is that what you're suggesting?
- Of course not.
- Then, what is it you're suggesting if you're not calling them that because they are telling us that their shares were exchanged (and the symbol, of course)
- Follow through w/ #1 above and tell them. I'll be watching for your post.

4. Or, was it just a symbol change?
- Yes.
- Wrong answer but I see in the next question that, "no", was what you really meant to say.

5. What does a stock symbol represent? Shares? Company stock?
- The common shares.
- EXACTLY RIGHT! You got it! COMMON (and preferred) SHARES WERE EXCHANGED! Way to go!

5. If their CCRA symbol in their brokerage accounts was exchanged for a NHMD symbol, what did that signify took place?
- A symbol change.
- OK. Simple, obvious answer. But, glad we know now from your above answer that it really means behind the scenes a common share exchange took place in their accounts.

6. Can a company name and stock symbol change from one entity to another but the underlying shares not?
- Of course.
- Oh, Popt. I know you meant, Of course not.

KEYO will get a whole lot more than a symbol change. My commons shares will also change to NANT. Glad you finally got (acknowledge?) it.

But, really doesn't matter what goes on behind the scenes w/ the shares to me because I don't see myself ever wanting a paper certificate anyway. Just looking at the symbol change and price change in my brokerage accounts that symbol change will represent will be just fine by me. smile



lns

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.