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Replies to post #38 on WeedMD Inc (WMD)
JohnCM
01/08/18 1:20 PM
#39 RE: charlie02356 #38
01/08/18 1:55 PM
#40 RE: charlie02356 #38
I bought it thru my Fidelity IRA for a $4.95 commission. No $50 fee.
01/08/18 2:39 PM
#41 RE: charlie02356 #38
Hi Kim, Received a message from another investor who told me that they purchased WeedMD for their Fidelity IRA and paid a flat $4.95 commission. I called the international desk at Fidelity who told me that is not so. I would be charged an additional $50.00 to purchase WDDMF. After further discussion the issue was boiled down to the DTCC. The Depository Trust Company. It appears the WeedMD U.S. listed equity is not DTC eligible. The settlement would be performed manually instead of electronically, thus the $50.00 fee. It also appears WeedMD has a U.S. market maker and transfer agent. You probably already know what the issue is with the DTC. Customer Service (US and Canada) 1 888 382-2721 If you think of it, please let me know when this issue is resolved and I will update my followers in regards to U.S. and Canadian company cannabis sector investment ideas. Thank you, JohnCM