Hi Bob,
I was going over some old stock I had with the Scottrade rep. She indicated that I needed to use the "worthless security form" to remove some of the old stuff.
She said I might as well remove my HABE stock. But I told her the company was trying to get relisted. She said it didn't matter, they'd have to relist as a new company. Presumabley, this means with all new stock. She's saying the stock we have is worthless, not just delisted.
Can you speak to this. Does Haber have a register of the stockholder of record when the the stock was delisted? Will we hold the same number of shares in any new listing?
Let us know. Thanks.
Money
Money
ReplyDeleteWhen we resume trading, the outstanding share count will be exactly the same as when we were delisted.
If you hold the certificates hang on to them.
If they are in street name with a broker make sure you have them listed on your account. If for any reason they stop showing them get them to mail you the certificates. They have an obligation to do that.
There are a number of stockholders that the company itself is unaware of, that the transfer agent will verify.
The transfer agent can determine ownership by the "H" cert number on the back of every cert.
When we go for relisting, we will list as a new company but the share ownership will remain what it was when we last traded.
Bob,
ReplyDeleteThanks for the reply. Any news on the progess-front? Have you heard from babsbigmamma recently :)
Chris
Leads toward projects that include financing are being pursued.
ReplyDeleteMama is a long time shareholder who I talk to every once in a while.
She's anxious, like all of us, for this journey to come to a good conclusion so we can get the party started.