Replies to post #531 on Micro Cap Investments and Brokerages

[OCR8now]

I recently found a broker that could clear an otc cert. How many shares and when was it issued?

[Snevey]

This doesn't help you out Dante, but I'm also looking for a broker that will accept paper shares of an OTCBB company as well. I recently invested in a small company that is in the process of going public. I also performed some services for the CEO, so I got these shares pretty cheap. I recently sent in my paper shares to the Stock Transfer Agent for "official" shares when the company receives their CUSIP and a ticker symbol. I only have 1,000 shares, but the CEO tells me they are shooting for an opening share price of $20.00 to $60.00 per share.

Any suggestions would help me greatly. It seems that all the big name brokerages do not accept physical shares of stocks on the OTCBB exchange. There are some big, respected companies on the OTCBB. I have Etrade and they don't care how much money it would bring to my investment account, and thus them, they will NOT accept the paper shares. I even said I would pay any fees they incur; no dice...