WEEKS to MONTHS to get shares:
(biggest issue is they were NOT DTC eligable - so why would they rush shares to DTC !!!)
Direct response from TD Amer:
"Whenever a security performs a reverse split or exchange into new shares, it requires us to remove the original position from our records and replace them with new shares we receive from the company. Accounts are then updated to the new side once the Depository Trust Company (DTC) receives the new shares. At this time, DTC is still waiting for the GDTKD shares, but hopefully they arrive soon. These kind of exchanges are typically complete within the first couple of weeks, but can sometimes take longer for non-US based companies or OTC listed securities as the depository has to verify the validity of the shares before accepting an electronic transfer. Your account will be updated once DTC has the shares. Please contact us again if you have any additional questions.
Sincerely,
Apex Corporate Actions and Dividends, TDA
Division of TD Ameritrade, Inc."
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