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Re: gamood post# 4174

Wednesday, 10/09/2013 3:02:13 PM

Wednesday, October 09, 2013 3:02:13 PM

Post# of 6440
The certificates cannot simply be returned without signatures. The transfer agent must have Medallion Guarantee certification of the signed endorsement on the back of each stock certificate.

The delay is a mix of inexplicable hold-outs who are misinformed (temporarily) and who are resisting becoming properly-informed for emotional reasons, and others who actually do just need more time.

Rob Shively, the co-founder and original CEO of PivX Solutions, died recently, and he is one of the certificate holders in question here. Presumably his son will take care of the return of that certificate in due course, but that can happen months from now without causing any problem.