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Re: EarnestDD post# 5668

Tuesday, 07/30/2013 12:20:31 PM

Tuesday, July 30, 2013 12:20:31 PM

Post# of 21959
No, you didn't ask them if there was a gag order issued. You simply assumed based upon your previous experience that a TA requesting that you contact the company automatically means that the TA is gagged. Dilution is very typical of a company who has a gagged transfer agent, and that is absolutely correct, in 95% of the cases. This does not fall under that category.

The Action Stock transfer agent has a policy not to release information about the share structure of any of the companies that they represent, and Maxam is not an exception to this rule. Try asking about ANY other company, including those on much higher tiers of the OTC market, and you'll find an interesting trend. Action Stock refers you to the company every single time.
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