Brokers accept certificates when the company is fully reporting. Think about all the companies out there who issue certificates for private placements, media deals, compensation, etc... Brokerages have always had a fine tooth comb process on taking them, that has not changed.
As far as the share count, as I said before, shares have restrictions on them. You can't just all of a sudden add shares without generally a one year waiting time frame. If it's a public offering, they have to submit that form which I have not seen.
They could have also converted the preferreds over to common, who know's, not me, that's for sure....
1 year ago, this looked great, now, it's turned into a bad decision for me. But, one thing I can say, this is something I will never go thru again, being stuck that is.
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