Wednesday, June 20, 2007 2:13:11 PM
The last time I called the transfer agent about the share structure, they asked me if I was a shareholder. I knew that if I said yes, that they would ask for proof, which I did not feel like looking up and sending them.
So, I told them that I was a prospective investor and would like the share structure. They gave me a hard time at first and transferred me to someone else, who also tried to ask for proof. I told them that was a bunch of crap asking for proof.
If I didn't already hold shares in this company (which I do), then how the hell was I supposed to know if the company was worth investing in if they wouldn't tell me the structure? They again told me I had to be a shareholder to get the information. I then asked if they were gagged, which gave the guy quite a fright! He says, hold on, and comes back in a minute to finally tell me the numbers, 11b a/s and 6.1b o/s. Then proceeds to tell me if I want to know more to call the company.
I really think that they could have handled this better. This asking for proof of being a shareholder before giving out information is not a good thing, in my opinion, it just scares away potential investors.
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