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Re: DJ Ponder post# 4084

Thursday, 03/22/2012 3:24:19 PM

Thursday, March 22, 2012 3:24:19 PM

Post# of 66413
Lets talk about one of the several MEXP red flags:

The Gagged Transfer Agent

A "Gagged" transfer agent is one which has been instructed by the company they are working for to not release information, such as the share structure. This is usually NOT a good situation. There is no legitimate reason for a company to gag their TA. NONE.

When a company elects to “gag” their transfer agent there is ALWAYS something going on that they don’t want common shareholders to see. Also don’t let the company say “Well it is transfer agent policy”. Because any company has the right and authority to tell the transfer agent to provide that information to its shareholders.

There is no valid reason shareholders shouldn’t have free access to a company's current share structure. I have never seen it turn out well for shareholders.