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Alias Born 01/02/2011

Re: None

Sunday, 02/26/2012 11:06:09 AM

Sunday, February 26, 2012 11:06:09 AM

Post# of 2600
think there is some hope

I enquired with my broker about the fate of scll shares lying in my account and got the below reply.

Our corporate actions department has confirmed that SCLL was delisted and is no longer trading on any exchange or market place. The reason given was the SEC revoking its listing.

There is a few options:

1. You may continue to hold the security if you believe the company may attempt to reinstate the security, or if you believe there to be some value or entitlement.
2. You may have the security removed from the account so you can realize any losses for tax purposes. This can be done by using the "Non-transferable Security Removal Request". This is located in our "Forms Library"

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