Friday, February 19, 2021 2:20:45 AM
Thank you very much for the information that you provided Mr. Hall. Appreciate all the details regarding the Act. Etc. However several of my colleagues have been getting different responses from your office as one being that the fee is $750 instead of $2500 for the partial revocation order. The other one is that people who own the stock in British Columbia can apply together to share the cost of the fee.. With no mention of them having to be related.
As I have mentioned in my inquiry that i would simply like to dispose of my shares that are being traded at a different exchange and I am unable to do anything about it while i watch the stock go up and down. I don't understand how you have come up with a fee of $2500 to get a partial revocation order for my stock in MDCN.. and you mention that it is not even guaranteed if i do apply for it according to your email. So you are telling me I took a huge loss in my trade and now i can't trade but BCSC might let me only trade to sell my shares for a fee of $2500 only if approved to do so ... So if it doesn't work out then I am out of anther $2500?..Please explain. I can understand if i was going to make a million dollars on my sale the $2500 fee would be minuscule but that is not the case. I can happily pay the fee of $2500 if i sell my shares for a million dollars. I guarantee you that.
Looking forward to hearing from you...
Iqbal Rakhra
CEO Rakhra Enterprises
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