ERHC Energy Inc (ERHE)

[nordicroots]

So what happens when you pull your certs and then trading miraculously resumes due to no revocation occurring and then the broker won't take back your certs? No reason to believe your broker won't take back the certs he sends you. Actually, delivery of the certs is very common for some folks. I have an aunt who taught me a lot about stocks when I was younger and she was the type that insisted on all her certs being delivered upon purchase and she would then send them back upon sale. The common delivery used to be 3 days. But back in those days commissions were quite high and people did not trade very often as the commissions made for some rather large break even points if you were trading small lots. Now I think it(deliver time) is referred to as T+2 if I am not mistaken. The point is you have some time to make what they refer to as a "good delivery" of the shares.

3) when we go private the form and look of the certs might change. I believe this occurs at the transfer agent who has record of who has certs.

Not sure on that point and not sure that it much matters.

4) I called my broker and he told me my certs are in my name not street name.

That would be unusual. From what I have heard all the stocks you leave on account with a broker are in street name. They go to your name when they prepare the certs to send you in that T+2 timeframe.

5) I don't know how much of this process is real vs. mythology

Sure would push the issue though wouldn't it?