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Post# of 222093
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layton

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layton

Re: TheFutureForsure post# 188566

Friday, 07/09/2021 9:14:35 AM

Friday, July 09, 2021 9:14:35 AM

Post# of 222093
Yes. Correct. Suspended for 6 years on Dec 7, 2017. 6 years is when stocks can get PREMed. FFGO was suspended on Dec 7, 2011.


"Once six years have passed and the positions have been moved to DTC via its “position removal” or PREM function, the security is automatically placed on a list of issues that are eligible for destruction. This list is then distributed via an Important Notice to DTC participants, who have three months to review and determine if there is any reason for not destroying the listed certificates."


https://www.dtcc.com/news/2010/march/01/saying-goodbye-to-worthless-certificates


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