It has recently came to my attention that Schwabb not only will NOT fill a cert request/order, but they also went so far as to tell their client that they must locate them, on their own, which smells of some type of inabilty to perfom as a broker is licensed to.
This 'client' has contacted HMGP's TA, only to find they are NOT named as a shareholder, and that NO cerificate can be issued them.
So here we have Schwabb who will not locate a cert for them, and the TA who cannot ssue them one.
I have volunteered to look into this matter, the 'scrapper' (LOL) that I am, and propose Securities Fraud to them, in the event thay continue to refuse to assit THEIR client in obtaining their certs.
IMO, the approx. 25% of the HMGP float is right at the borderline of 'doing the trick'. If another 25% of the float were to be certified, I bet we'd getting some REAL interesting pps action.
At .10, it makes it all the more feasible to demand certificates, too!