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Re: Nates post# 34598

Friday, 12/27/2019 5:07:54 PM

Friday, December 27, 2019 5:07:54 PM

Post# of 47601
Workers won’t take shares because they are hard to deposit. Your every day discount broker won’t accept a penny stock certificate.

A worker would need to have an account with one of the speciality brokers, with funds on deposit, then pay $750-$1k for an attorney opinion letter stating the shares are good, then pay $1k to a clearing firm to clear the shares for deposit and of course transfer agent fees to get the cert put into street name and deposit it with the DTC.