just an update...
i called ameritrade, because i was still showing ELTZ in my portfolio with all my stock; yet when you go to get more info; the description has changed to "yusg international" , etc. so i called them and asked them why my stock hasn't changed ticker symbol to YUSG? (now mind you, i still hold 750k shares of ELTZ; but YUSG is worth $1.32 , so i was raging inside, thinking that my pay day has finally come. well.. the guy at ameritrade; he said that there is no information anywhere that says ELTZ went through any kind of merger. that there were a possible of 3 scenarios that could occur in this situation. he told me that the first scenario was that it could go through some kind of reverse split. that i would have less shares. he kept on looking on his end, for an answer to my original, why the ticker symbol hasn't changed. didn't fully explain the other 2 "possible" scenarios to me. which im thinking were probably "positive" in nature and didn't want to get my hopes up, so he didn't bother going into explaining it, since there was no information to base it on anything, because information is non existent for ELTZ anymore. he even had to get another 2 ameritrade techs to get involved to figure out what happened with eltz. he says that he has never seen this scenario for a stock ever, in his career at ameritrade. he did say that he could get me in contact with a broker to sell my existing 750k shares of eltz. i told him; i'll hold onto them, because anything can happen. then he mentioned... "well, the company could also do nothing, and go through no reverse split", but he kind of cut off from going further to explain. but i know something is going on. something very weird. the ameritrade guy also told me that it could be a possibility, that i could be the only one holding onto these shares. i don't know if that's true. there probably are some people who still hold eltz stock, but who knows. in any case, something is definitely, going on. maybe it was YUSG who was buying up all that stock during the last "hurrah, rally"? either way, we will all know very soon what exactly happened and where we stand as investors. it isn't much information to go off on but, it will be interesting. IF and that is a big IF... maybe this worthless piece of shit, might turn out to be our greatest investment? so if you are still holding. just hold onto them. i am. will i be lucky? who knows?
