Greenshift Corporation (GERS)

[nobody12378]

Charles Schwab and E*TRADE allow online buying and selling of GERS. BUT they do not accept penny stock transfers in. This means that you will have to sell your GERS' position with TD Ameritrade and open an account with a cashier's check with a brokerage that provides online buying and selling of GERS.

I have not done a canvas of all the smaller brokerages; any others provide the needed services other than above two?

Also the DTCC chill is an issue. Because of it some brokerages will not accept electronic transfer of stock from the transfer agents; they require paper certificates. This is very expensive.

The bottom line is not positive. A major avenue to the purchase of GERS is no longer available. It is now much easier to sell than to buy and with news likely languishing for the foreseeable future -- it is hard to imagine the PPS staying at these levels. Yet, if the many GERSlanders with large positions tried to sell in order to move to other brokerages, the PPS would implode. So, many GERSlanders are stuck watching these dynamics take down the PPS.