In order for ETrade or other brokers to accept a mass deposit of dividend shares, they have to be distributed electronically, as is the typical method. PVEC is mailing paper certificates directly to shareholders -- not to their brokerages.
Because PVEI scheduled this bizarre "gift distribution" through FINRA, the brokers expected to receive electronic shares.
I believe that Scottrade has erred in showing shares in their customer's accounts. I do not believe that Scottrade has received these shares or that these shares will be accessible through brokerages.
It would be very helpful if someone with a Scottrade account that shows new shares with a temporary ticker of ENTB9 would call and climb the ladder above customer service to find out why these shares are included in their holdings and to verify that the shares have been received.
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