The way its supposed to work is you pay an administration fee to get the restriction lifted and go through the conversion process. About $150 per transaction, YMMV. You will need to work directly with your broker, who works with the transfer agent. It is possible you might need to work directly with the transfer agent. I have heard that the shareholder was instructed to have the company remove the restriction. I have never heard of that before. Do you have a CUSIP number? What is it?
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