lollybella,/ Janice Shell, Read this again, it's Megas email, I am saying that it dosen't work that way, brokers do not turn in certs (if they have them) to the TA without instructions from the TA to do so.
That is what I am saying, however acording to the Megas email it seemes that he wants brokers to submit the certs without a formal request from the TA, hoping that the TA will exchange them, It will never happen.
Posted by: alynnb
In reply to: None Date:9/19/2007 3:41:25 PM
Post #of 92304
Okee Dokee. Megas Mail #3>>>
After this, I'm outta here. Good luck everyone.
"There are old legit shares (106) and new legit shares (205). Both would be cleared by the transfer agent if the stock was being cleared. Not a problem for the transfer agent nor the company, because, as the old cusip number certs eventually arrive at the TA, they would simply be swapped for new 205's. However, there are also fakes in the system, and they out number the legits. BCIT is not allowed to clear. You tell me why, and you get the prize."
tm
