2late.That email from Megas indicates that if brokers released the 106 certs, then the TA would issue the new CUSIP, that leads one to believe that all the 205 certs are sitting with the TA.
That is very hard to believe, because the TA would then be obligated to inform the brokers that the company authorized an exchange, and required that all street named bulk transfers would be mandatory.
(It isn't only one broker saying they don't have them, they ALL are.)
As far as brokers are concerned that hasn't happened, so the conclusion would be either Megas is not being up front with us, or the TA is sulking in his duties.
The brokers are saying they have no 205 certs in their inventory, they would be there automatically, if they were issued and transferred by the TA.
Funny how no one else seems to have problems getting exchanges done or other company requirements accomplished i.e. dividends etc.
I still believe Megas should have changed the SYMBOL when he changed the CUSIP.This is the first time I have see this happen where the old symbol was maintained with this type of action. I'm not saying it couldn't happen, however seems to me it makes it more confusing to accomplish.
