JB and ZJMY Holding Co (JBZY)

[Stock Farmer]

Brokers have confirmed 1:1 exchange of DOLV shares for the new ticker shares. 1 for 1 means No Reverse Split. I believe Tick Talker did a post confirming this with a screen shot of his Scottrade chat.

My broker explained to me that the DOLV shares do not just change into the new ticker shares. He said the DOLV shares will actually have to be moved out of their system and the new ticker shares put in to replace them, like replacing batteries. I think with current technology this is a usually a quick process (like ZJMY's quick battery swap process), but in the past it could take several hours according to my broker.

I understand that this is one of the functions performed by the Depository Trust Company (DTC). My broker (Scottrade) said their system is updated by the DTC, and Scottrade's system showed "JB&ZJMY Holding Company" as the new name. My broker did not provide a ticker symbol, but other scottrade representatives gave JBZH9# as a placeholder for the new ticker. That has led some to believe JBZH will be the new ticker.


Pending Ticker Change sampling of posts: Note the dates of the posts

Here's Tick Talker's post:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=132801286

Something Good's Post
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=131964427

Nelly15's post
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=131670629

Nygrande's post
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=131667587