Coretec Group Inc (CRTG)

[elleryqueen]

Absolutely yes. Any shares you hold through the r/s will be locked up until new shares are issued by the company. If you hold your shares through the r/s, you will not be able to sell them until Ameritrade and Scottrade get new shares issued to them. This means when you see the stock price much higher after the r/s--you will not be able to sell. Any shares you buy post r/s you can trade immediately. All post r/s transactions are conducted like they are now, with ordinary buying and selling. But shares you hold pre r/s are non-transferable and new shares must be issued. This can take weeks and sometimes months. Scottrade and others have no control over it. The Company has total control on how fast the new shares are issued. Naturally, there may be a great deal of frustration during the period your waiting for the new shares to be issue. The stock price could be going to the moon but you can't sell!!