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Re: vinovista post# 6845

Saturday, 02/11/2012 9:02:14 AM

Saturday, February 11, 2012 9:02:14 AM

Post# of 97081
Vinovista - the last time I tried to unrestrict a pink sheet stock - there were some costs to contend with - the transfer agent had a $50 fee; and u needed a stock-type-lawyer [apx. fee $500] who had to file an opinion that the stock had some kind of value. For me, the pinks sheet stock would have to greatly increase in value to make it worthwile.

If someone has actually completed this process, please post some info? or if you have completed it for other stocks you own.

Since I now have some restricted shares - I just keep them (to laugh at the situation) - it is funny for a small shareholder to have them. If I can - I typically just sell my shares in the company ahead of the dividend and then buy back later- if I think the company has value. In the case of ISCR, I sold my positions in multiple accounts ahead of the dividend and booked the loss. I did keep some shares in 1 account i.e. I have some restricted shares, now. I never expect to be able to sell them for value for me, though. good luck to you.