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Sunday, August 19, 2018 10:10:28 AM
because it can take Weeks or months to get it done.
I contacted My broker right after FINRA Made GCAN Effective and now I have also engaged The T/A so I can stay on Top of who may not be taking care of business timely by ether Party as one will blame the other.
My broker said:
The jumbo certificate was pulled from Schwab inventory by the Depository Trust & Clearing Company and delivered to the transfer agent and they were advised process can take 2-4 weeks.
8/11/18: Request submitted to the transfer agent to determine status as it has been in transfer agent possession for more than 3 weeks without any update.
Everyone should engaged their brokerage house and the T/A.
Every share holder should Try and lead by example and be helpful.
Not Mislead like Hedgefunds that shorts Distort for Ill gotten gains.
Information is what shareholders need. This is what we have been Waiting for IMO! The patience Part is almost over!
https://greatercannabiscompany.com/wp-content/uploads/2018/08/GCAN-8-6-2018-PR.pdf
The Company is pleased to announce that its common stock is now quoted under the symbol “GCAN.
The Company will be submitting its application in the coming weeks to OTC Markets to be uplisted to the OTCQB.
We have been Patiently waiting Months for Finra which just made Gcan Effective July 10th.
The shares on deposit at the broker dealer have a restrictive legend on them that is to be removed with the “Effectiveness” of the Company’s Registration Statement and subsequent Post-Effective Amendment to the Registration Statement. The Registration Statement has a legal opinion which accompanies it opining on the shares. Each broker dealer may handle the transaction differently, but in short they will be required to send the certificate with the restrictive legend to the Company’s transfer agent and request that a new certificate without restrictive legend be returned. We highly recommend that you contact a representative at your broker dealer in an effort to help expedite the process. Most have been extremely slow in handling the transaction which has delayed trading.
Outgoing director of GCAN, Wayne Anderson, had this to say about the transaction, “I wish to thank our loyal shareholders who have been exceptionally patient during the process of publicly listing GCAN. We have exhausted numerous hours completing our due diligence on the best path for GCAN in the Cannabis sector. We are confident that Green C’s drug delivery technology licensed from Pharmedica coupled with their stellar management team will lead GCAN to be a leader and innovator in the rapidly growing
Cannabis industry. I look forward to working with the new management team over the next month as Green C transitions into GCAN and takes the helm.”
Recent GCAN News
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- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/14/2024 12:58:24 PM
- Form PRER14C - Information statements • Edgar (US Regulatory) • 02/26/2024 09:09:10 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/13/2023 08:37:40 PM
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