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fandg

01/06/17 8:56 PM

#18457 RE: fahrenheitjules #18456

I talked to my local Scottrade rep and was told that all he could see on the computer was that the shares were restricted and didn't see anything that said that the restriction was lifted. He suggested I talk to the company. I emailed them a couple of days ago and have heard nothing yet.

MR.METICULOUS

01/07/17 12:01 PM

#18459 RE: fahrenheitjules #18456

Each block was suppose to be worth 100,000 shares in commons..

And were supposed to mature in three years..

I'm lost for words as this company went through 3 reverse splits and the convertibles still haven't been converted into commons...

This company now trades at .11 a share with an OS of I believe 879k

Notsonew

01/10/17 10:27 AM

#18466 RE: fahrenheitjules #18456

I was told by Etrade that they cannot guarantee the conversion rate so I need to talk with the TA directly. I wrote them yesterday and haven't heard back as of this morning, I'm going to call today sometime but I get the feeling it will be a dead end, seems more like a stalling tactic to me. If it goes much further I'm going to have a lawyer write a letter and see if I can get any action that way.