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Re: onewhoknows2much post# 1109

Tuesday, 07/30/2013 12:02:29 PM

Tuesday, July 30, 2013 12:02:29 PM

Post# of 14775
Today's Update on Split....

I contacted the Transfer agent and the following is her response. I guess we will have to have some patience.

"I deal with shareholders with shares in their name. However, my two cents on the comments you sent me: The broker is correct. If the shares are held by DTC, they have to wait until DTC allocates the new shares to each broker that is a participant. Then the participant broker adjust the shareholders accounts. Corporate actions like a reverse split take time. Sometimes up to a month. Hopefully DTC will have the adjustments done shortly. Good luck!"

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