UnifiedOnline Inc fka UOIP

[choo choo trader]

handMMJ,

No, you do not have to take possession of your stock certs and hold in hand in order to get paid. I called my broker TD Ameritrade and talked to a trade specialist in order to refresh my memory on what will take place (if) when the shares are revoked March 11. He said the shares will stay in your account with either the symbol UOIP or a cert number attached along with the number of shares held which will show a value of 0.

I explained the situation were all involved in here with UOIP and talked to him a bit about the company getting the settlement money to shareholders. He said although our situation is not common where a revoked security would actually receive a dividend the process is pretty simple for a company to distribute a dividend even a company that has been revoked.

I had a security that was revoked about 15 years ago. It remains in my account today identified with a cert number.

Anyone knows, do I need to have stock certificates in order to get paid eventually after Uoip is revoked become a private company? Thanks.