Replies to post #2916 on Lifeline Biotechnologies Inc (LLBO)

[TBaggins]

Midnightexpress summed it real nice like in post 2867

[koolmc]

fidelity maybe?

[midnightexpress]

brokers can trade among themselves and I spoke to acap, apparently if you buy the stock you would have to pay a fex ex charge for the cert to be sent to the t/a then a fed ex charge to be sent to the broker from the t/a and then a fed ex charge from the broker back to the t/a. Also you will have to pay 2 transfer charges for a total of about 300 dollars per day you trade it. In addition funds are held up for 30 days. This is physical delivery. If you have shares you can deposit them with them and they will charge you 1200 bucks. So.......it can be bought but it is expensive and most b/d's just say NO you can't trade it.

So there you have it..
1 between b/d's it trades
2 some b/d's allow to trade without a settle date and wait for the
future.
3 and some b/d's will trade for customer accts but it is physical
delivery and expensive relative to trade size.

[midnightexpress]

ACAP Securities will let you buy it. Their number is 800-683-0787
You can speak with Gary Hume. My understanding is you can buy it there. When you sell a dtc restricted stock though it will cost 300 bucks for each day because a cert has to be cut for the exact amount and physically be delivered.