Anyone with BCIT in a Fidelity account?
They emailed me that
" These shares were declared non-transferable September 21, 2006.
Bancorp International is currently trading under the symbol BCIT (CUSIP 05968X205) effective November 7, 2006. Due to the nature of the 'non-transferability' of the shares you currently own, we can not transfer the shares to the new CUSIP- which would allow the trading of the security.
Since the shares can not be sold through its standing CUSIP, you may:
*Hold the shares in your account. If the CUSIP becomes transferable, we can move the CUSIP to the active CUSIP- which would allow you to trade it
*Request delivery of shares. This process takes an underwriter and may require additional steps be taken. Please reply to this email if you would like to further discuss this option.
*Transfer the shares to an organization which will transfer the CUSIP for you. To transfer the assets to another firm, please contact that broker and discuss the Bancorp security eligibility.
If you have any other questions or comments, please send us another message at any time. We appreciate your business.
Sincerely,
xxxxxxx
I understand everything but the part about the declaration on non transferability on Sept 21. What are they referring to there?
AI
