Voip Pal Com Inc (VPLM)

[Mr.SmithJr]

Generally speaking you need to hold restricted certificate for 1 year before restriction can be removed (if you have "intent to sell" restriction can be removed after 6 months) - it will cost you considerable money because these days you need a written legal opinion to remove restriction. However, when after several weeks process you obtain an unrestricted stock certificate almost no large brokerage, like Fidelity, Merrill, JPM will allow to deposit you certificate if the stock price is below $0.25. There is also criterion of market value. There are select few brokers who will take penny stock cert but will charge an arm and leg in various fees.