My shares were exchanged right away in my Interactive Brokers account yesterday. However, in my smaller accounts at Etrade and Ameritrade, they are still frozen in time with old share structure and price at 0.0002
3-5 business days is what I was told. For those that plan to play reverse mergers in the future or companies who do cusip number changes, I highly recommend you open an account with Interactive Brokers (IB). IB self clears directly with DTCC so they do not have the hang ups that the massive retail brokers have to deal with.
Remember, financials will push this stock up to valuation levels in the 3-5 cent range, when you do get your shares, be on the look out for quarterly financials before you sell too low!
Go GDHID!
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