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Re: A deleted message

Monday, 01/07/2013 1:26:38 PM

Monday, January 07, 2013 1:26:38 PM

Post# of 167964
You are absolutely incorrect.

You cannot exchange the shares. The shares cannot be cleared. What are missing here. The shares must clear through a broker and Finra clearing rules make it too difficult to clear certificates on non reporting stocks.

You cannot mail the certificates to the company and get a check back nor will the company suddenly become a clearing house for 100's of millions of shares. All shares must be cleared prior to exchange or retirement.

Such a notion is not based in reality.

Don't forget a certificate has a unique Cusip. Each Cusip must be accounted for and this is not done in the office of SRGE.


Sorry MoMo but you information is very flawed.