Nexus Energy Services Inc (IBGR)

[redwagon]

No they don’t. They are restricted and then the restriction must be removed. There is a period that it takes for both the note converter and the company to prove the notes are legit to the Transfer Agent. Then the converter still needs to find a broker that will accept the newly unrestricted shares which is very difficult in the last several years since most brokers (Fidelity, Schwab, Etrade, etc) will not touch them. It is not a simple process.

Once Dryworld is SEC reporting, then it is much easier.