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rca

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rca

Re: Sylvrewynde post# 11208

Monday, 08/07/2006 5:21:31 PM

Monday, August 07, 2006 5:21:31 PM

Post# of 15765
That's right, it doesn't cost Paul anything except a couple hundred dollars to CUSIP to change the number.

Normally, the costs are racked up with the transfer agent -- having to buy new certificates, etc. But in this case, it appears Madison Stock Transfer is working alongside Paul with his tricks. In fact, they have the same lawyer I hear.

Transfer agent also makes money when the brokers send in the certs. for exchange, the brokers usually pay abour 420/25 for each cert.
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