InvestorsHub Logo
Followers 17
Posts 1558
Boards Moderated 0
Alias Born 10/15/2013

Re: FELLER post# 71830

Thursday, 01/02/2014 11:45:03 PM

Thursday, January 02, 2014 11:45:03 PM

Post# of 81315
Look, it is real simple. People don't have shares in their account because the company has not actually paid for their processing and delivery. Yes, they made the change for symbol, but there is a separate process for the issuance and delivery of shareholder shares and the company needs to pay for that to happen....

My guess is that the company is cash poor and cannot do that part, yet ...

Of course the downside is that the delay will only make people less comfortable and let the few shares that are available to drive pps down.