Replies to post #14561 on Ealixir Inc (EAXR)

[Johnny4profits]

Not necessarily.............

Transfer agents are required to track all shares for their corporate clients. I can't imagine a transfer agent not giving out that information, unless so directed by FLTT.
At-any-rate, it's a red flag.

Some transfer agents have a blanket policy to not release SS information. Some have changed their policies between the times a company engaged them as their TA's and now suffer the consequences of the changed policy. Sometimes a company may make the effort to change TA's for this reason. Normally though, a company will update shareholders with quarterly and annual reporting.

In any case, a blocked TA is only a red flag for investors looking for information in that manner, not a red flag necessarily signaling any kind of issue with the stock or the company.

[ellen780]

exactly