Finally got thru to the international trade group at Fidelity. Yes, as I mentioned earlier, they now have an open participation form, with which I could agree and make the conversion fee-less.....However, the status after conversion is looking pathetic....The shares will have a CUSIP number, and remain in my account, but will move over to what I call the "graveyard" area of my account.....This is an area showing all things I've owned over time, that have either gone chapter 11, or had multiple reverse splits until I own zero shares, etc etc.....These stocks are "holding" a certificate somewhere, but are otherwise value-less......
Until Chinacache decides to "re-list" the stock in some way, after the conversion, the shares will be worthless.....
They will become shares of a privately held company, in China.
Since I see no mention of such future actions, I have to accept that the shares will be, effectively worthless.
So I feel bad for you steez, that you currently don't even have the option of "fee-less", in the matter.....
I sill haven't made my mind up.....
Perhaps, if these "optimists" in the room, would pump the PPS upward with their buying, I might be able to sell at break even, or a plus......
Good luck to all.
News 
Market Data 
Discover 
AI
