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Wednesday, March 12, 2014 2:09:30 PM
Here's what she said... She was contacted about the split and proceeded to give the DTC all the info needed. The DTC has had no further questions for the Stock Agent. Jennifer said it usually takes them 10-15 business days to complete the entire processes and for the Shareholders to have their converted shares...
IF the DTC had additional questions that needed to be answer, or needed any further information, they did not go to the Trasfer Agent... IF there was additional info needed, the DTC probably went right to the Company.
Once the DTC is satisfied with all the "stuff", they send it to the Transfer Agent. The Transfer Agent processes it SAME DAY, and sends the information to the Brokers the following day. The Brokers then make the shares available within 2-3 days.
So, with all this info, my guess is since 15 business days will be this Friday, I would expect my shares between now and Wednesday of next week.
Jennifer did say that if any shareholder needed any information, she is always willing to speak with you!!! Hope this helps!
-Michele
JustStartingOut
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