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nicehit

02/19/09 10:46 AM

#11401 RE: Mike Fletcher #11400

mike, never... i had companies do an R/S and usally in 3/5 days my acct is updated. But this is not a normal company we are dealing with nothing is easy.
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MrGoodBuddy

02/19/09 10:52 AM

#11403 RE: Mike Fletcher #11400

Seaway Valley took over 2 weeks in some cases, FYI. Hate using that example for you though.
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EBI

02/19/09 10:54 AM

#11405 RE: Mike Fletcher #11400

Mine was updated on FEB 11th
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gcap

02/19/09 11:18 AM

#11414 RE: Mike Fletcher #11400

hi mike,

i try to avoid making any comments lately, because i do not know where to start. I am so upset that i would really like to go to chicago and force them to give me some answers.

anyway, to show the reverse split in your account does not take more than one day if the corporate action dept. in your bank works the way they have to.

in my account the split was done the day after they got confirmation from the broker.
for your info, eventhough it is a swiss bank, they still depend on their us-broker or us custodian bank. this explains also that the dtc has nothing to do with the delay.

hope this helps

gcap