Etrade removed my shares from my account indicating that the company hasn't had a transfer agent in 6 years. Under DTC rules this apparently gives them the right to remove the shares from my account and not send me the certificates.
Yet, the stock is still trading today. I put in an order to buy, on ETRADE itself and it is an active buy order, which caused the bid to rise to .002.
So this is a very screwy deal. I am still trying to get to the bottom of it.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.