Replies to post #39380 on S A M Trade Asia Pte. Ltd. (SMFX)

[exisnet]

Place a request to remove worthless shares from the account via broker...
No concern about being 'stuck' with worthless shares...

Or perhaps to "Caveat Emptor". In either case, this ticker will be very difficult to either buy or sell on either tier.

[Bearslayer]

This will go into court appointed receivership or bankruptcy. A trustee will be appointed and it will take two years or so to sort out. The shell will be locked up until there is nothing left of value then left for dead. That’s when DL or another vulture will swoop in and take it over again. Get it current and then sell it again.

I’ll wait for this all to be over before getting shares again. Too much time will be wasted with the delisting and legal wrangling.

Hope others can sell what they have and get some cash back.
I thought this would turn out to be a good stock. Wrong again I guess.



Aimho