InvestorsHub Logo
Followers 11
Posts 2617
Boards Moderated 0
Alias Born 05/19/2006

Re: None

Wednesday, 11/08/2006 1:39:20 PM

Wednesday, November 08, 2006 1:39:20 PM

Post# of 315345
Latest message sent by me and response from Etrade:

You tell me if they skirted the issue a little!!


SENT BY ME:

Message: To whom it may concern, I have been very patient with the issue of my preferred shares. Since it has taken so long I have done some investigating of my own. There are brokers (smaller then Etrade) that have figured out how to properly display the amount and symbol BKMPP. A number of BKMP investors have questioned the validity of our preferred shares and whether or not there are enough "legitimate" preferred shares to properly credit our accounts. I know there has been allegations of an increase in the illegal action of "naked short selling" of certain OTC stocks. Since some of the brokers seem to have their accounts in order and Etrade can't seem to get the accounts credited correctly, it is not showing a very bright picture for the future of all Etrade account holders that are supposed to have BKMPP shares. Therefore, I for one, will be willing to transfer my holdings to one of the brokers that seems to have handled this preferred share distribution in a much more timely manner

RESPONSE FROM ETRADE:

Dear Mr. XXXXXXX,

We apologize for any inconvenience that this matter may have caused you. However, we do thank you for taking the time to submit your feedback concerning our services and making this request an automated one. Your comments are greatly appreciated and will be considered. As our customer, your opinions are invaluable to us. Whether you have positive or negative feedback or suggestions on how to enhance certain items, we need to know so that we can strive to be the best online securities firm in the industry. We appreciate your business and look forward to serving your future investment needs. Please let us know if you have further questions or concerns. Thank you.

I hope this information has been helpful. Please let us know if we've addressed your questions and concerns satisfactorily by using the link below and taking a 30-second survey.

http://etradefinancialsurvey.com/s04/stu.php?i=164&p=9744

As always, thank you for choosing E*TRADE Financial for your investing, banking and lending needs. We encourage you to continue using the Help Center for any assistance in the future. You are also welcome to call us at 1-800-ETRADE1 (800-387-2331) between 7AM and 12AM EST, seven days a week. International customers please dial +1-678-624-6210.

Sincerely,

Prince Choudhury
(201) 308-4658
Hours: W-F 8:00am-7:00pm ET
Sat 9:00am-8:00pm ET
Financial Services Representative
E*TRADE Securities LLC Case #: 061107-3025