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Re: None

Thursday, 02/19/2009 7:10:20 PM

Thursday, February 19, 2009 7:10:20 PM

Post# of 16405
And another non answer response from Scottrade that ignored my insinuation:

To: Scottrade Customer Support <support@scottrade.com>
Subject: Re: Other

Thanks you for your reply. I am curious why some brokers have the conversions completed yet Scottrade and a few others are lagging behind. There are theories among shareholders concerning this issue, one of which has to do with shorting. I sincerely hope that that is NOT the case here.
=============================================================

Dear XXXXXXX:



Thank you for your reply.



OFON did a reverse split and a name change as you mention. For every 175 shares of OFON you should receive 1 share of ONCP.



We will not update the position in the account until the new shares of ONCP have been received. At this time, we do not have an anticipated date for when the new shares will be received.



While a security is undergoing a reorganization, including a name change, symbol change, merger, etc., the security will not be available for online trading. During this reorganization period, we ask that you contact your local Scottrade branch office for trading assistance on this security. You may obtain the telephone number through our online Branch Locator.



Scottrade will post the new shares or cash to your account once the new shares and/or cash has been received from the transfer agent.



Please let us know if we may be of further assistance.



Sincerely,

Rick Jewell

National Service Center

Scottrade Inc.


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