Ok this is how it all went down. Follow these steps. UNGS Spun off GCAN. The Transfer agent sent out the shares to the brokers. Specifically in your case, your shares were sent to Scott Trade. For whatever reason, Scott Trade did not register the shares as they were in the middle of a merger with TD at the time. So Scott Trade is the culprit here....they are the ones who failed to register the shares that was properly delivered by the transfer agent.
Now, since the shares are not registered, each shareholder who wants their shares unrestricted has to pay a fee for td to get a lawyer to give a "legal Opinion". It's a very expensive process for TD to incurr and they can't get a blanket opinion to cover such a massive amount of shares. Each shareholder has to pay the $600 or what ever they are charging so each person can have a legal opinion to free up the shares.
Scott Trade is the culprit here. Not Wayne and not TD and not GCAN.
Scott Trade failed to register your shares when they were delivered.
Now, I have a researcher looking into the possibility of if the company lawyer can write a blanket opinion for shareholders for free and if tda would accept it.
If TD Says that would work then it may be possible for Me. Random to do a generic letter for each shareholder who requests one. It might just be a matter of changing the name.of each shareholder on a letterhead and sending it to them. More to.follow.
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