Gain Clients Inc (GCLT)

[Moon Traveler]

It is possible some certificates were deposited. However, they've really tightened up regulations about depositing penny stock certificates in the past 10 years. GCLT needs to be PINK and at a certain price (don't know what) for anyone to deposit certificates now.

If you have certificates, there's nothing Ray needs to do. The TA can make them unrestricted so you could put them in a brokerage if you could. Now the brokerage wants a letter from an attorney explaining why they should take the certificates. Total waste of money now, won't happen. Once we hit Pink and show revenues there's a much better chance a letter would help, if brokerages still won't accept the certs.

I don't think the 8K would have to be filed, I could be wrong on that.