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Saturday, May 08, 2010 10:06:10 AM
transferring cert can take as long as two weeks or longer depending on the bank or transfer agent....My friend did it through US Bank several months back and the transaction was complete in 10 days. He transferred over 400,000 shares to street name.
I am understanding that over the past several months there are very few transfer agents willing to complete this transaction and even fewer banks. I am not sure why this service has become such a difficult process. I don't believe it is only MDMN shares I believe it is pennies in general.
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