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C.G.B Spender

05/18/21 8:45 AM

#281673 RE: Dragonman1 #281671

Got an email out to them too, will screen shot the reply

Hope I'm wrong
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C.G.B Spender

05/21/21 5:34 PM

#282081 RE: Dragonman1 #281671

And of course, I got no email back from the transfer agent, meaning only ONE (1) thing

THEY ARE GAGGED!!!!

A "Gagged" transfer agent is one which has been instructed by the company they are working for to not release information, such as the share structure. This is usually NOT a good situation. There is no legitimate reason for a company to gag their TA. It is almost always done to hide dilution. Some TA's, however, have a policy against releasing share structure information. The reasoning behind this is to keep the thousands of penny stock traders from bogging down their business with requests for information. Unfortunately this forces the shareholder to contact the company for information. While this isn't as bad as a company specifically gagging their TA, it still isn't an ideal scenario. Whether the company sought out this TA because of this policy, or it was a coincidence, is up for debate.



http://www.pennystocknation.com/badcompanyactions.html
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C.G.B Spender

05/21/21 5:44 PM

#282087 RE: Dragonman1 #281671

Well, let's see that correspondence with the Transfer Agent then...

I'll wait