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Re: GamblerNC post# 62253

Sunday, 02/07/2010 10:20:36 PM

Sunday, February 07, 2010 10:20:36 PM

Post# of 103340
EXPH recently announced that they will recognize ownership or transfer of their shares only by physical certificate instead of the modern electronic book-entry system. They are encouraging shareholders to convert their stock to physical certificates.

Where companies convert to physical certificates only, it has become extremely difficult and, in some cases, impossible for brokerage firms like TD AMERITRADE to obtain shares for their clients. This can make settlement in a timely fashion difficult.

Converting to physical delivery also increases the costs associated with transferring ownership of common stock between buyers and sellers.


Still can't believe the complete lack of outrage over another asinine decision by management.

I think the question needs to be asked.

JD are you deliberately trying to tank the price?


AIMHO

How many legs does a dog have if you call the tail a leg? Four; calling a tail a leg doesn't make it a leg.
Abraham Lincoln